Minecraft profit soared to $128 million in 2013

Posted on Thursday, Mar 20 2014 @ 16:11 CET by Thomas De Maesschalck
Despite being five years old, Minecraft broke a new financial record in 2013 as revenue soared 38 percent to $325.3 million and profit hit a record $128 million!
"Usually with games, you would start to expect a decline after the first year since launch," said Mojang Chief Executive Carl Manneh in an interview. "That's never really happened for us."

Markus Persson, a burly and bearded former King developer, created "Minecraft" in 2009. He formed Mojang a year later with his friend and one-time King colleague Jakob Porsér. The two own the company with Mr. Manneh, the CEO. It offers no stock options for employees, and Mojang executives have repeatedly said they don't need to list shares. They have turned down several acquisition offers and funding overtures.
Full details WSJ.

About the Author

Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.

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