One year ago, Zynga was the top Facebook developer. Now, the title has been scooped up by King.
Zynga announced the appointment of David Lee as chief financial officer and chief accounting officer today. Lee comes from Best Buy, and replaces Mark Vranesh.
FarmVille 2, Zynga’s biggest game, has lost nearly four million daily active users (DAUs) in the past year. Meanwhile, Candy Crush has gained 35 million DAUs.
Zynga, which acquired the mobile gaming company NaturalMotion earlier this year, could learn a lot from them.
FunPlus, developer of the “Family Farm” games, might have a Farmville-size hit in their hands.
The social game developer’s recent growth indicates it’s on its way to becoming a chart topper.
The top three Facebook apps in terms of monthly active users are all games by King Digital Entertainment.
Candy Crush Saga is still enjoying huge growth — but there are troubling signs for its developer, King, ahead of its planned IPO.
Social gaming has become an addiction-based business model, which could ultimately undermine the success of the entire industry.
Mark Pincus, the founder and long-time CEO of Zynga, said today that he will accept a demotion to the role of chief product officer, handing over his position as CEO to Don Mattrick, 49.