Saturday, 24 January 2015

Apps made more money than HOLLYWOOD last year

Apps made more money  than HOLLYWOOD last year: Market raked in more than $10billion in 2014

  • Games like Angry Birds and the mobile version of Facebook earned their developers more than the efforts of the film industry
  • The study showed that total App store revenues since 2008 now stand at $25 billion (£17 billion) with no sign of slowing down 

Apps made as much money as Hollywood took in the US last year by raking in more than $10billion (£6.5 billion).
Games such as Angry Birds and the mobile version of Facebook earned the developers behind them more than the efforts of the film industry, even with hits like The Hunger Games.
Individual developers now earn more than some Hollywood stars and apps support more jobs in America than Tinseltown.
The study showed that total App store revenues since 2008 now stand at $25 billion (£17 billion) with no sign of slowing down.
Industry analysts Asymco looked at the figures for apps sold by Apple through its iTunes service last year.
It found that the app industry is ‘healthier’ than Hollywood even though last year’s hit films included Guardians of the Galaxy, The Lego Movie and the second Hobbit film.
Producers behind huge apps such as Angry Birds, which has been sold more than 12 million times, earned Finnish Developers Rovio Entertainment, now earn more than even the biggest stars like Tom Cruise.

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