Kim Kardashian’s game makes $700,000 a day
“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.
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 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.
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.
The mobile game market is expanding rapidly. The trick is to get more people comfortable with spending money on purchases within games that they downloaded for free. Right now, less than 3% of gamers do so.
By Katie Lobosco