Zynga Games Earnings: $250 Million in Gross Revenues for 2009
Zynga, the 2007 start-up company that makes and operates casual games on Facebook, Myspace and Tagged made so much money last year. I never really thought that silly Flash-based games and PHP/MySQL text-based games could be so profitable. Zynga’s total revenues are even more than Blizzard’s World of Warcraft estimated annual membership fees of $240M! And to think that Zynga is spending so much less money on game development and server maintenance! Industry watchers are very impressed with the current shift of gamers to browser-based social gaming
Mafia Wars Screenshot: One of Zynga's Top Free Game Apps
The biggest social games operator, Zynga, refuses to say how much is its profits from $250million of revenue but estimates range from $80-150 million. If you take Wall Street’s market value average valuation multiplier of 15x, Zynga is now worth $1.2 billion on paper. The lucky investors of Zynga will reap so much money once cash-rich Microsoft or Google decides to buys it. Zynga makes more profits than money-losing Youtube (you may read our latest news about Youtube Videos and Movies – Youtube’s new business venture as of late).
Zynga’s mind-boggling success can be attributed to people around the world who are madly in love with Zynga’s free games like FarmVille, FishVille, Cafe World, Mafia Wars and Zynga Poker. There are more than 60 million daily active players of Zynga’s simple but addictive social games. I am one of their clients. I play Mafia Wars and Cafe World at Facebook on a daily basis. I have spent real dollars to buy virtual goods from Zynga. I only spent less than $100 since October 2009 but friends of mine at Facebook have individually spent as much as $2000 on Zynga’s games. This is one way that Zynga makes money from its players. Get them addicted enough to spend cash on their beloved games.
Andrew Trader, co-founder of Zynga, admits it made more than $80 million dollars from sale of virtual goods last year. The rest of what they earned came from third-party tie-ups like with it does with Netflix, Blockbuster and Offerpal. Zynga monetizes its gargantuan player population via advertising and discount-deal trading. For example, if you buy $300 dollars worth of Netflix movies and tv shows, Zynga will award you 1000 Godfather points which you can use on Mafia Wars to make your imaginary Mafioso stronger. Netflix pays a commission to Zynga but Andrew Trader declined to offer specific details.
I bet that Zynga is making more profits than Facebook itself or Myspace. The company was smart enough to ride on the viral success of social networking. Let’s try to play more Zynga games and make Zynga really bigger than World of Warcraft. If you can buy stocks, do so now. Last December 2009, Digital Sky Technologies, a Russian venture company, bought $180 million worth of shares at Zynga. Stock speculators are already betting huge on the future of Zynga. As I have mentioned earlier, Zynga is gonna be worth billions of dollars if and when somebody takes over it or they make a public offering.
If you're new here, you may want to subscribe to my RSS feed for Free and get the latest updates and news on gadgets, cell phones, mp3 players, free downloadable softwares, computer tips, cell phone hacks, networking, game review and internet technology.
RELATED POSTS YOU SHOULD ALSO READ
Related Tags for this Article: zynga earnings, zynga profits 2009, zynga profits, zynga profit, zynga profit 2009, zynga revenue 2009, Mafia wars earnings, zynga sales 2009, zynga revenues 2009, zynga earning, zynga income, zynga 2009 profit, zynga 2009 revenue, mafia wars earning, zynga games earnings, zynga revenues, zyngas earnings, zynga income 2009, profit zynga, zynga 2009 revenues, zynga games revenue, zynga profits and sales, zynga games cheat code, zynga games for mobile phones, facebook games earningsComments
One Comment/Review on “Zynga Games Earnings: $250 Million in Gross Revenues for 2009”
Leave a Reply / Review of “Zynga Games Earnings: $250 Million in Gross Revenues for 2009”
Admin's Notice to Readers: Please note that we do not allow comments that contain profanity, harsh personal attacks against the writer/s, contact numbers (cell phone, landline) or any form of advertisements. We will definitely remove them. Keep your comments courteous and intelligent even if they do not agree with some contents/claims we publish in this site. Thank you!
Cool Gadgets- Sony CXS-GT5416F MP3 Player CD Receiver with 6.5-Inch Speakers Bundle Hot Deal
- Roku N1100 HD Player with Netflix, Wi-Fi and HDMI Features, Specs and Price
- Western Digital WD TV Live HD 1080P Media and Network Media Player Hot Deal
- Asus Eee PC 10.1″ Netbook with Windows XP Cheap Deal | Asus 1005HAB Netbook Price
- SENZ Original Aerodynamic 30″ Storm Umbrella on Sale | SENZ 30-inch Umbrella Features and Price
[...] Facebook, means a bottomless oil well for advertising! If you don’t believe it, read about Zynga Games Earnings for 2009 alone. In fact, Zynga’s hit game, Farmville single-handedly earned $145M because of [...]