News Byte: Zynga Brings on New COO, is Still Facing Losses

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In a perfect world, I would be a brilliant sound engineer with the best, state-of-the-art equipment at my disposal, as well as all the time in the world. Sadly, I have none of that. This week’s recording is, well, a little screwy, and I have to apologize. I lost the first minute of audio and don’t have time this morning to do a re-recording. As such, below is the written introduction, and the recording (with all its yucky fits and spurts) picks up in the middle of the first paragraph. Sincerest apologies and thanks to anyone listening, and be sure to keep up with all the goodness we have going on here at United We Game!

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Zynga brings on new COO, is still facing losses

Zynga recently brought on a new Chief Operating Officer – Clive Downie, formerly of DeNA West. This marked a significant move for the company as it posted its less than spectacular 3rd quarter earning around the same time.  Also in recent memory is that Zynga took on a new CEO – Don Mattick. In releasing his first quarterly report, Mattick stated that the company is still facing losses, though their smaller than were expected – 2 cents a share rather than the forecasted 4 cents a share.

Zynga, which is well known for its Facebook and mobile games, as stuggled in recent months as the industry has become more competitive. As COO, one of Downie’s main goals is to help Zynga make a return to profitability in the mobile gaming market.

Source: Games Industry International

(Below you can stream the recording or right-click on the icon and select “Save Link As” to download it.)

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