August 28, 2014 1:07 PM ET

Software

Company Overview of Rovio Entertainment Oy

Company Overview

Rovio Entertainment Oy operates as an entertainment media company that develops mobile games for fans. It offers Angry Birds, a casual puzzle game; and birds and piggies, and other games for different platforms. The company provides advertising, licensing, animations, playground learning, book publishing, attractions, and location based entertainment concepts. It serves customers in Finland and internationally. Rovio Entertainment Oy was formerly known as Relude Oy and changed its name to Rovio Entertainment Oy in 2005. The company was founded in 2003 and is based in Espoo, Finland with additional offices worldwide. It also has game studios in Tampere, Finland; and Stockholm, Sweden.

Keilaranta 17

Espoo,  02150

Finland

Founded in 2003

Phone:

358 2078 88300

Fax:

358 2078 88333

Key Executives for Rovio Entertainment Oy

Chief Executive Officer
Co-Founder
Chief Financial Officer
Chief Operations Officer
Executive Vice President of Global Consumer Products Licensing
Compensation as of Fiscal Year 2014.

Rovio Entertainment Oy Key Developments

NOOK Media and Rovio Announces Exclusive Preview of New Angry Birds Game

NOOK Media together with Rovio announced that the upcoming Angry Birds Stella game will be available for fans to preview exclusively at Barnes & Noble stores from August 29 to September 3. During that time, Angry Birds fans and Barnes & Noble customers can come to any store nationwide and visit the NOOK Counter to play the game, before anyone else, on the Samsung Galaxy Tab 4 NOOK in-store demo devices. This exclusive opportunity lets fans experience this fall's hottest new game on the just-launched Samsung Galaxy Tab 4 NOOK. The Angry Birds Stella game will launch on September 4 across all major platforms, including NOOK Apps(TM).

Rovio Entertainment Announces Executive Appointments

Rovio Entertainment announced that Pekka Rantala will join its executive team as Chief Commercial Officer (CCO), starting 2 June 204. Pekka Rantala has a track record with over twenty years of experience in sales and marketing of consumer brands across several industries, from technology to fast-moving consumer goods. Rovio also announced that Blanca Juti, currently EVP of Brand Office, has joined Rovio's executive team as Chief Marketing Officer (CMO).

Rovio Reports Earnings Results for 2013

Rovio reported earnings results for 2013. For the period, the company reported that its net profit dropped more than 50% last year, to $37 million, compared with the previous year. The decline comes as the company tries to respond to changes in the gaming world, where the likes of King Digital Entertainment, the maker of Candy Crush, and Supercell, the Finnish company behind the Clash of Clans franchise, have found success with so-called freemium games. Those companies let people play their games free, but charge for in-game purchases, unlike the company, which has traditionally charged users to download its games. The company’s revenue fell slightly last year, to $216 million, compared with 2012.

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