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Angry Birds 2011 Revenue Around $100 Million, Looking To IPO In Hong Kong In 2013

Rovio's Chief Marketing Officer, also known as the Mighty Eagle, has come out with figures regarding Rovio's financials in an interview by Tekniikka & Talous, a Finnish newspaper. In the interview, he also said Rovio is looking to IPO in Hong Kong in 2013. In 2010 Rovio's revenue was around $10 million. This year the company expects its turnover to be around $100 million.

Angry Birds has surpassed more than 600 million downloads on different platforms and merchandise is being sold by the millions. Peter Vesterbacka said in the interview, according to Reuters, that they aim to build the company into a media firm similar to Disney. Disney is valued at around $65.3 billion at the moment.

Next year, Rovio expects to release 5-6 more games. The much anticipated animated movie is around 2-3 years away, according to Vesterbacka.

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