Candy Crushed: King’s shares fall 22 percent after Q2 sales disappoint

King Digital Entertainment, the game maker behind the massively popular mobile game Candy Crush Saga, is getting destroyed in after-hours trading today after reporting disappointing second-quarter results. The stock is down roughly 22 percent, or $3.98 a share, to trade at $14.18 a share (well below its IPO price of $22.50). The London-based company said it earned 59 cents in adjusted… Read More


Crushing it: King’s IPO filing shows nearly $1.9B in revenue

After a decade in business, casual game maker King Digital Entertainment saw its revenue soar to nearly $1.9 billion in 2013, with profits of almost $568 million, as its hit game Candy Crush Saga transformed the company (and its financial statements). Those are among the details revealed in the company’s IPO registration filing, made public… Read More

Mark Briggs

Why KING TV is hosting a hackathon, with a $10k prize

Seattle’s KING-5 is doing something unusual later this month, or at least something unusual for a regional television station. It’s bringing together a bunch of developers, designers and news geeks for a weekend hackathon, Oct. 14-16 at Adobe in Seattle’s Fremont neighborhood. The event is called “Hacking Seattle News,” and the goal is to come… Read More