Angry Birds creator Rovio raised $42 million to help bolster its expansion into a multimedia giant. The company produced 51 games prior to finding massive success with Angry Birds, which now has over 40 million active users. The investments will be used to create similar products, with a broadcast cartoon based on the game already in the works. Read the full article at WSJ.com
Angry Birds’ Rovio Raises $42 Million
Author: Shelly Palmer
Shelly Palmer is Fox 5 New York's On-air Tech Expert (WNYW-TV) and the host of Fox Television's monthly show Shelly Palmer Digital Living. He also hosts United Stations Radio Network's, Shelly Palmer Digital Living Daily, a daily syndicated radio report that features insightful commentary and a unique insiders take on the biggest stories in technology, media, and entertainment. He is Managing Director of Advanced Media Ventures Group, LLC an industry-leading advisory and business development firm and a member of the Executive Committee of the National Academy of Television Arts & Sciences (the organization that bestows the coveted Emmy® Awards).