Tuesday, July 5, 2022
MARKET UPDATE
Advertisement

TheCable

Kim Kardashian’s game makes $700,000 a day

Kim Kardashian’s game makes $700,000 a day
July 31
12:05 2014

Kim Kardashian is famous for doing nothing. Now she’s got a game that’s pulling in $700,000 a day where players have to do, well, nothing.

“Kim Kardashian: Hollywood” from Glu Mobil lets you create an avatar that can work to achieve virtual A-list status. Your mission: Hob-nobbing with celebrities, going to a photo shoot and wearing expensive clothes.

The game is free to download, but players spend real money on things like virtual clothes, virtual hairstyles and energy boosts for their avatars. The more your avatar does, the faster you can move up the ranks from the E List to the A List, the objective of the game.

If sales continue at their current rate, the game will gross $200 million in its first year, according to Doug Creutz, an analyst at Cowen and Company. That would put “Kim Kardashian: Hollywood” in the big leagues with smash-hit mobile games like Candy Crush.

Advertisement

Creutz estimates there are only about seven other apps in the world that are pulling in more money right now. And Kardashian’s is one of the top five most downloaded apps in Apple’s store.

“I don’t even know what genre to call it, but people are taken with it,” he said.

Shares of game maker Glu Mobil (GLUU) have soared more than 30% since the app launched in late June. Glu reported a 51% jump in sales for the second quarter late Wednesday, thanks to the Kardashian game as well as other hits such as Dino Hunter: Deadly Shores.

Advertisement

It’s impossible to know if”Kim Kardashian: Hollywood” will maintain its current growth, Creutz said. Adding new characters and levels to the game, hello Kourtney and Khloe, could keep more people playing longer.

CNN Money

1 Comment

  1. android apps With Bluestacks
    android apps With Bluestacks August 10, 11:53

    WOW just what I was searching for. Came here by searching for inpc

    Reply to this comment

Write a Comment