More Reviews
REVIEWS Boss! Review
PlayStation Vita owners looking to exercise a little frustration can look to this rather low-fi title about creating a monster and destroying everything in your path.

KINGDOM HEARTS HD 2.5 ReMIX Review
Part 2 of Square-Enix and Disney's cooperative compilation cash-cow is ready to milk the series for another go, but does the milk taste sweet or is it spoiled?
More Previews
PREVIEWS Evolve Preview
With multiplayer action set as its focus, Evolve surprised us earlier this month by introducing a single-player campaign mode where you can switch between mercenaries.
Release Dates
NEW RELEASES Kalimba
Release date: Out Now

Persona 5
Release date: 12/31/14

Motorcycle Club
Release date: 01/01/15

Atelier Ayesha Plus: The Alchemist of Dusk
Release date: 01/14/15


LATEST FEATURES Downloadable Content Walks the Line Between Fun and Frenzied in Middle-earth
I don’t even care all that much for the Lords of the Rings brand, which makes the content falling under Shadow of Mordor’s Season Pass a pleasant surprise.

Ugly Christmas Sweaters for Gamers
If this awful trend is going to persist, you may as well do it your way.

LEADERBOARD
Read More Member Blogs
FEATURED VOXPOP KevinS
RIP Ralph Baer (1922-2014)
By KevinS
Posted on 12/07/14
RIP Ralph Baer (1922-2014) I really, really hate writing obits. I really do. But I take it as a personal honor to be able to say good things about the men and women I respect, whether in this industry or just in my life, and Ralph Baer is the reason all of this exists in the first...

GAMING NEWS

Angry Birds Developer Rovio Says $1.2B Evaluation Is Too Low

Posted on Friday, October 14 @ 13:14:58 Eastern by


Based on funding talks in August, Angry Birds developer Rovio has been valued at $1.2B based on the 400 million and free downloads of the game since 2009, but "Mighty Eagle" Chief Marketing Officer Peter Vesterbacka believes that this estimate is conservative:

We're happy with our valuation but we think it's probably a bit north of that.

We're not ready to file for an IPO tomorrow. Maybe a year from now... We're insanely profitable... We're not a publicly traded company yet but we can fund our own growth.

We think we have a good shot at being the first entertainment brand that has a billion fans -- people we can talk to and have a dialog with every day.

Disney started as a black and white cartoon about this little mouse. Nintendo has been working on Mario for 26 years. Angry Birds is less than two years old.

Walking through the Chinese mall next to my apartment, I see Angry Birds merchandise in stores normally reserved for the likes of Mario, Sonic, and Final Fantasy. I have my eyes on some of the Angry Birds pillows, and I haven't even played Angry Birds. I just know that I can throw the pillow at someone and laugh about it. The point is that I have no idea whether $1.2B is really a low estimate, though it might be one that's set-up for crash-and-burn failure.
Tags:   Rovio, Angry Birds
FOLLOW ME ON TWITTER. YOU KNOW YOU WANT TO.


More from the Game Revolution Network




comments powered by Disqus