Kati Levoranta (left), CEO of Rovio, and Wilhelm Taht, executive vice president of Games.
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How Angry Birds maker Rovio found its wings in 2016

  • Posted byby Dean Takahashi
  • Updated
  • 7 min

Angry Birds maker Rovio grew its revenues 34 percent to €190 million ($203 million) in 2016, up 34 percent from $150 million a year earlier. You might have expected that, since the Finnish company’s The Angry Birds Movie generated nearly $350 million in revenue at the box office.

But Rovio actually hasn’t received that money yet. The Helsinki company generated a profit of €17.5 million ($18.5 million) in 2016 based on its comeback in games, said Kati Levoranta, CEO of Rovio, at a press event last week at the Game Developers Conference in San Francisco.

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Written by

Dean Takahashi

Dean Takahashi is editorial director for GamesBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.