Rovio dumps CEO

[youji itami]

I guess Angry birds are now dead birds.

From CNN

"The maker of the Angry Birds mobile video game is dumping its CEO as the company struggles with increased competition and difficulties in changing its business model."

( http://money.cnn.com/2014/08/29/technology/angry-birds-ceo/index.html?source=yahoo_quote )

And the New York Times

http://www.nytimes.com/2014/08/30/technology/mikael-hed-chief-executive-of-angry-birds-maker-to-step-down.html?partner=yahoofinance&_r=0

 

[Hairless Mammoth]

It looks like they spent their 15 minutes of fame doing the same thing over and over, instead of diversifying their brands more, or they jumped over to free to play at the wrong time or in the wrong way. I wonder if it's a good idea to keep dumping money into that Angry Birds movie that won't be out for another 2 years. Maybe it will revive AB, or maybe it will bomb, hard. Hey, Rovio, two words, "Square Pictures."