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  (Source: inquisitr.com)
The game will allow users to play as the pigs instead of the birds

It's time for the little green pigs in Angry Birds to get some revenge.

Angry Birds creator Rovio announced today that it will release a brand-new game this month called "Bad Piggies." Instead of flinging birds at the pigs and their various environments, users can play as the pigs to plot schemes against the birds.

"There's a lot of empathy toward the lovable enemies from the Angry Birds games, and we've been constantly asked: what about the pigs' side of the story?" said Mikael Hed, Rovio CEO. "Bad Piggies gives you the chance to play as the second-most-loved characters in the Angry Birds universe, and explore this rich world through their green eyes." 

If the Angry Birds series is any indication of Bad Piggies' future, it will be a great success. Angry Birds, which was released in 2009, has over 800 million downloads. Angry Birds Space alone broke the mobile download record of any game. It even extended beyond the game, offering plush toys, T-shirts and other merchandise. Rovio is also looking into a 2013 IPO

Bad Piggies will be released September 27 for iOS, Android and Mac. 

Source: Rovio



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IPO? I hope people have learned from Facebook.
By Richlet on 9/4/2012 2:18:05 PM , Rating: 1
Need I say more? Hats of to Rovio for making a great game series, but offering an IPO after the facebook fiasco.. sketchy...




By defter on 9/4/2012 3:13:09 PM , Rating: 2
Why Facebook IPO was a fiasco? The owners got very rich, which is the main point of IPO...

If the stock price increases after IPO, then IPO can be considered as a failure, since it means that the original owners sold their company at too low price.


By SoCalBoomer on 9/4/2012 2:35:18 PM , Rating: 1
Actually, Rovio actually has a PRODUCT that brings in money whereas Facebook has a product that is not really a product and does not bring in any money. . .

So I'd think Rovio would have a better chance of making money than Facebook. . .


By autoboy on 9/4/2012 3:07:44 PM , Rating: 2
Actually, facebook had 1.18 Billion in revenue last quarter.


By Keeir on 9/4/2012 5:53:11 PM , Rating: 3
Errr...

Alot of confusion here.

An IPO is where owners agree to sell Z shares to the public at a Y price. Z and Y and usually set to garner the most new capital for the company as well as wealth for the owner. However, in the long term, its best of the now part owners and company that the IPO be priced reasonably. Especially when the company needs a great deal of hype to inflate the stock price.

Facebook was priced inappropriately. Almost criminaly so. Given the materity of the company and the development of the base product, the IPO price of 38 was just stupid. I'd consider Facebook Stock around 5-10 dollar range given the number of outstanding shares. Unless Facebook comes out with a definate plan on raising revenue/earnings, the current P/E ratio at 17 dollars share price is still way too high.

Rovio's IPO might be priced significantly more reasonably. It will depend on the P/E ratio of the IPO. Rovio is quite frankly in a similiar position. "Angry Birds" has pretty much saturated the market and I haven't really seen a concete plan on how either wring significantly more earnings from "Angry Birds" or leverage Rovio "talent" to create new products and services.


By TSS on 9/4/2012 6:42:04 PM , Rating: 2
Rovio will go the same way as Zynga, groupon and facebook, which all have a product that brings in money. Just nowhere near the amount they said it would.

Actually pretty much since groupon IPO, tech IPO's have been "cashing out" for the company owners. I know that's not what they are supposed to be. Just what they are for the moment.

Because these IPO's are guided by banks. Banks that then reccomend that IPO to their clients. Banks who then bet (hedge/short) against their clients. Banks who make money when the shares go down, and if the company doesn't go bust, they will buy shares at the actual price and end up with your money, and your shares!

The owners of these companies don't mind since they end up billionaires, none of the elite is actually going to care *where* they got the billions (as long as you've got them). So who gives a damn if they screw over some workers. What are they going to do, sue? you took their money how can they sue?!

Besides that, they know full well all these companies are based on hype and marketing. As soon as the next angry birds comes along nobody will care about angry birds anymore. And why innovate if you can become a billionaire in milliseconds?

The stock market is rigged. Now it needs to die. Then maybe in a decade or 2-3 we can go back to actual *investment*.


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