Angry Birds creator Rovio raised $42 million to help bolster its expansion into a multimedia giant. The company produced 51 games prior to finding massive success with Angry Birds, which now has over 40 million active users. The investments will be used to create similar products, with a broadcast cartoon based on the game already in the works. Read the full article at WSJ.com
About Shelly Palmer
Shelly Palmer is the Professor of Advanced Media in Residence at Syracuse University’s S.I. Newhouse School of Public Communications and CEO of The Palmer Group, a consulting practice that helps Fortune 500 companies with technology, media and marketing. Named LinkedIn’s “Top Voice in Technology,” he covers tech and business for Good Day New York, is a regular commentator on CNN and writes a popular daily business blog. He's a bestselling author, and the creator of the popular, free online course, Generative AI for Execs. Follow @shellypalmer or visit shellypalmer.com.