The lights are on
Zynga lost $209 million dollars during its first year as a publicly traded company, but it is doing better than Wall Street analysts predicted.
Gamasutra is reporting that in 2012, Zynga lost money and 6 million people from its user base. That still leaves the company with over 50 million daily users, and the mobile and Facebook game developer's stock prices have gone up six percent.
Zynga has been plagued with problems recently including losing its chief game designer and a number of layoffs and game closures, so maybe a smaller than predicted loss is good news for the company.
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That is a pretty penny.
sucks to suck
Sucks for them!
Such is the fate of a Facebook game developer.
Zynga is the Atari of digital gaming, all about quantity over quality. That tactic might make money really fast, but it's unsustainable in the long run. Zynga, along with the social and mobile gaming markets as a whole, will crash and crash hard.
Wait, Zynga still has that much money to lose. wtf
I'm actually surprised that many people haven't gotten tired of doing the same thing over and over again.
Yaaaaay!
I gives me great joy to see Zynga taken down a notch-only game company worse than EA.
Please just buckle down and create some innovative and fun games.
Or just stop copying other games and close down. That works too.
Well, well, guess Farmville doesn't pay the bills anymore.
Zynga isn't feeling it enough...
Geez, regardless of their 6% stock increase, layoffs, closures, losing your cheif game designer and $209m is nothing to shrug off. I really dislike Zynga and their games. Hope the people who get the boot at least find their way to better projects/companies in the future.
Just die already, Zynga...