Angry Birds downloads reach 350 million
Stalbow says that Angry Birds has now been downloaded more than 350 million times. Even more amazing is the stat he quoted that each day, users spend 300 million minutes playing the game! Short films on YouTube have been viewed 170 million times and speaking of millions, we can only guess about the amount of money that has been flowing into Rovio's coffers. The executive, a former Fox Entertainment executive, joined Rovio with the task of turning Angry Birds into a franchise like Pokemon, that can dominate in multiple media categories like video games, television shows, toys and movies. One of his deals allowed Rovio to produce a "Rio" version of Angry Birds that was released alongside 20th Centrury Fox's animated movie, "Rio". Stalbow says that such partnerships will eventually take what the company did with Angry Birds Rio to a new level.
Rovio is currently in the midst of obtaining additional financing that values the company at $1.2 billion, and the company will be focusing on its Angry Birds franchise for the time being. The last round of financing the company went through back in March raised $42 million. Currently still expanding, the company has 50 employees in Finland. If and when the company does do an IPO, we have the perfect NASDAQ symbol for Rovio-PIGS.
source: VentureBeat via IntoMobile