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May 24, 2015 6:26 AM 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
Age: 48
Co-Founder
Chief Financial Officer
Age: 42
Chief Operations Officer
Executive Vice President of Global Consumer Products Licensing
Compensation as of Fiscal Year 2014.

Rovio Entertainment Oy Key Developments

Global Eagle Entertainment Inc. Announces Partnership with Rovio Entertainment

Global Eagle Entertainment Inc. announced a partnership with Rovio Entertainment to provide best-known casual mobile gaming franchise, Angry Birds, to airlines as inflight entertainment content. Through this agreement, GEE is providing customized Angry Birds content specifically for seat-back entertainment systems, and will soon market it to airline customers.

Rovio Wins $2.7 Million Counterfeit Angry Birds Merchandise Lawsuit with Toy Amazon

Rovio, the developer of the Angry birds franchise has won its court battle with Toy Amazon on the grounds of copyright and trademark infringement. The total amount of cash awarded by United States District Judge Katherine B. Forrest was $2.7 million, which breaks down to $1.2 million for copyright damages and $1.5 million for trademark infringement. Toy Amazon is also barred from further infringement of Rovio's copyright or trademark. The case came about in 2012 after Rovio discovered several counterfeit items for sale that the company never authorized. Rovio, according to court documents, made efforts to reach a settlement with Toy Amazon, as well as Allstar Vending, based in Canada. Toy Amazon claimed that they had purchased the items from an unidentified toy company in the toy district in Los Angeles.

Rovio Reports Earnings Results for the Year 2014

Rovio reported earnings results for the year 2014. For the year, the company's revenue fell 9% to €158.3 million (£114.3 million) from €173.5 million in the previous year. The company's earnings before interest and tax fell from €36.5 million in 2013 to €10 million in 2014.

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