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Tag: 200m

  • Kim Kardashian: Hollywood App Dissapoints, Falls Way Short Of $200M Revenue Mark

    After breaking the Internet with her titillating cover for Paper Magazine, it appears that Kim Kardashian won’t be breaking any app store records as her gaming app, Kim Kardashian: Hollywood, is disappointingly slipping off the top charts.

    The app was released back in June and was an instant success, raking in downloads from different mobile platforms worldwide. The app earned over a million dollars during its first week on the market and it managed to entice more than 20 million players worldwide.

    It was projected that the popular celebrity’s app could earn as much as $200 million for Glu Mobile, the developer who published the game. A recent report from Yahoo Finance stated that the game is expected to fall short from its projected revenue. While Kardashian’s app was a fixture of Apple Store’s Top 5 apps, it gradually fell from the charts over the holiday season.

     

    Stocks for the publisher continues to plummet after it peaked at $7.60 last July. The game earned a disappointing $43 million during its third quarter. Their fourth quarter earnings from last year will be released next month. The wife of Kanye West reportedly owns 45% of the net profit, adding over $20 million in her bank account.

    The game lets users create their own Hollywood star. Gamers compete to become a famous Hollywood celebrity in the game by going on various quests to reach the A-list status. The game featured Kim’s mother Kris Jenner and her sister Khloe. Kourtney was however, noticeably absent after demanding to be paid for her likeness. Kourtney threatened her famous sibling with legal action and even sent a cease and desist letter that was directed at Kim. Kourtney eventually dropped the threat.

    Celebrities like Lindsay Lohan followed suit and released a similar app called “The Price of Fame” just recently. Unlike the Kardashian app, Lohan’s game was even more disappointing as it failed to even crack the list of highest-grossing apps on Apple’s app store.

  • Pandora Hits 200M Users, 1.5B Hours Streamed in March

    Pandora Hits 200M Users, 1.5B Hours Streamed in March

    Internet radio service Pandora has just announced a pretty significant milestone: 200 million registered users in the U.S. Pandora signed up its first user in 2005, and had hit 100 million users six years later in 2011. It only took them less than two years to add on the next 100 million.

    67 million are considered “monthly active listeners.”

    “We started this company to help people discover and enjoy music they love, and to help artists reach and grow their audiences. Only in our wildest dreams did we imagine what it would become. It is now clear that radio is changing, and that’s great news for music fans and for the tens of thousands of working artists who now have a home on the air,” said Founder TIm Westergren.

    In celebration of the milestone, Pandora has released some interesting stats about the service:

    • 200+ million songs streamed before 10 am every day, which totals out to about 8,000 songs streaming per second.
    • 1.49 billion hours of music streaming in March (170,510 years worth).
    • 400+ curated genre stations

    Pandora last released some user stats back in January to celebrate the new year. In 2012, users streamed a total of 13 billion hours of music. If March, 2013’s numbers are to be repeated, we can expect Pandora to break this mark this year. They also saw a million+ songs froms over 100,000 artists and 1.6 billion total stations created in 2012.

    Just a little over a month ago, Pandora was forced to do something “contrary to their mission” and put a 40-hour per month cap of free mobile listening – citing rising costs.

    Here’s an infographic with some more figures from Pandora: