Words With Friends creators leave Zynga

VentureBeat is reporting the creators of one of Zynga’s highest earning games, Words With Friends, Paul and David Bettner are leaving the social gaming giant. The brothers did not publicly explain their reason for leaving or their future plans.

The Bettner brothers joined Zynga back in November 2010 when the company acquired game developer Newtoy (co-founded by the Bettners) for $44.3 million in cash with 1.4 million fully vested shares worth $8.9 million. Words With Friends was already a hit app when Newtoy was acquired, marking a big push for Zynga into the mobile space at the time.

Following the acquisition Newtoy was renamed the Zynga With Friends Studio, which went on to develops games like Gems With Friends, Matching With Friends and Hanging With Friends.

According to our traffic-tracking service AppData, Words With Friends is currently Zynga’s No. 10 most popular Facebook game with 13.5 million monthly active users. On iOS it’s the No. 58 top paid and the No. 73 top grossing app, making it Zynga’s biggest earner on mobile.

The news about the Bettner’s follows a long series of high profile departures from Zynga in the past few weeks including former COO John Schappert, CCO Mike Verdu and CMO Jeff Karp.

Yesterday Zynga also released a preliminary earnings report for its fiscal third quarter which clearly intended to lower expectations. Zynga said it expects to report a net loss between $90 million to $105 million and diluted earnings per share between ($0.12) and ($0.14).

Inside Social Apps

Mediabistro Event

Facebook Joins Inside Social Apps Event

In the past few weeks, we’ve added industry insiders from Facebook, Chartboost, Tango, Tilting Point, PlayHaven, Paltalk, and more to the speaking roster of Inside Social Apps, June 6-7 in San Francisco. You’ll learn strategies for success with experts like Deb Liu, Product Manager at Facebook. Register now and save $200. 

Leave a Reply

One Response to “Words With Friends creators leave Zynga”

  1. Zynga’s newest ‘Ville is sequel CityVille 2 says:

    [...] trading today at $2.42 — down more than 75 percent from its IPO opening price of $10 a share. Two more high-profile departures hit the developer’s ranks last week. Over the weekend, our friend and former Inside Facebook lead [...]

interested in advertising with inside social games?

Social Media Jobs
of the Day

Software Engineer Job

Boston Globe Electr Publ Inc.
Boston, MA

Advanced Developer/Programmer

Agora, Inc.
Baltimore, MD

Social Media Director

Ovation
Santa Monica, CA

Featured Company

Join leading companies like this one and recruit from the nation's top media job seekers on the Mediabistro Job Board. Every job post comes with our satisfaction guarantee. Learn More
 

Our Sponsors

Also from Inside Network:   AppData - Facebook & iOS Application Stats   PageData - Engagement Data on Facebook Pages   Facebook Marketing Bible   Inside Network Research
WebMediaBrands
Mediabistro | SemanticWeb | Inside Network
Jobs | Education | Research | Events | News
Advertise | Terms of Use | Privacy Policy
Copyright 2012 WebMediaBrands Inc. All rights reserved.