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Article: Jamdat pushes the right buttons in licensing cell phone games.(Jamdat Mobile Inc.)
- Article from:
- Los Angeles Business Journal
- Article date:
- April 25, 2005
- Author:
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Jamdat Mobile Inc.'s acquisition of the "Tetris" license last week, coming on top of a March license signed with Major League Baseball, has helped solidify the Los Angeles-based video game developer's position in the U.S. cell phone game market.
Jamdat shares jumped more than $2 after it announced the Tetris deal and upped its first-quarter revenue estimate to $15 million from $14.1 million. Jamdat said the Tetris puzzle game--where players arrange falling electronic blocks--would add 10 cents a share to its earnings this year.
While the market for mobile games--video games that are played on cell phones--is much smaller in the U.S. than in Asia or ...