Angry Birds maker Rovio posts 2015 operating loss

(By Jussi Rosendahl, Reuters) – Rovio Entertainment Ltd, the maker of hit mobile phone game Angry Birds, on Wednesday said it fell to loss last year due to restructuring and investments in the upcoming 3D Hollywood movie.

Rovio’s earnings have dropped for three consecutive years as licensing has fallen and the company has failed to create new hit games. Last year it cut a third of its workforce.