Rovio entertainment stock market

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LONDON — All is not well in the land of Angry Birds. The fall comes as Rovio tries to respond to changes in the gaming world, where the likes of King Digital Entertainment, maker of Candy Crush, and Supercell, the Finnish company behind the Clash of Clans franchise, have found success with so-called freemium games.

Those companies allow consumers to play their games for free, but charge for in-game purchases, unlike Rovio, which has traditionally charged users to download its games. Late last year, Rovio launched its first effort at a freemium game, and has diversified its efforts in recent years into movies, animation and theme parks to reduce its reliance on online gaming.

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Zynga, for example, has struggled ever since its multibillion dollar initial public offering in , as investor worry that the company is overly dependent on a small number of games.

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The New York Times window. Bits Annual Profit Falls 52 Percent for Angry Birds Maker Rovio.

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By Mark Scott April 28, 8: King Digital Entertainment PLC , Rovio Mobile Ltd , Zynga Inc. Visit the Technology section for complete coverage of the industry. Follow us on nytimesbits on twitter Twitter Follow.