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Farmville-maker worth more than EA - Report

Zynga's estimated worth placed at $5.51 billion, putting it over the Medal of Honor publisher's $5.22 billion.

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Anyone doubting the popularity of social gaming should read a recent report in Bloomberg Businessweek. The magazine is citing a report from SharesPost Inc., an exchange for shares of privately held companies, as saying that Zynga is now worth more than the second-biggest mainstream game publisher on the planet--Electronic Arts.

Farmville is growing a whole lot of green for Zynga.
Farmville is growing a whole lot of green for Zynga.

According to SharesPost, privately held Zynga is currently worth $5.51 billion. That's nearly $300 million more than the $5.22 billion market capitalization of EA on the NASDAQ stock exchange. SharesPost based its valuation figure on data from trades of private shares, research estimates, and venture-financing valuations.

Zynga's massive worth can be explained in two words: Facebook and Farmville. Of the former's 210 million users, some 57.6 million play Farmville, which charges users small amounts of money to buy in-game currency and items. Zynga's other games, which include Cafe World, Mafia Wars, and Vampire Wars, operate on a similar model.

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endocrine

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@xenogearz88 I hope you do not use the internet, buy items at any store using a debit or credit card, or give any personal information to any business. You may think facebook is sleezy selling your "personal" information; however, I would be willing to bet every other company you interact with sells every piece of information they have about you too.

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jer_1

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This is mind numbing, mostly because idiots actually pay money to zynga for this kind of rubbish. I suppose it serves us right that we see so many worthless games on the market.

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ChiefFreeman

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casual/social gaming sucks, and especially Farmville. Glad I cancelled my Facebook account.

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y0ur_grandma

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57.6 million parasites infecting the industry!

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xenogearz88

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@wwonka666 probably more than EA's Medal of Honor sales.

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wwonka666

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I wonder how much Zynga made selling the 57.6 million users data?

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tehepicpwnzor

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Farmville is so bad it makes me want to play Modern Warfare 2.

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risingsunbronco

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@ SolanOcard. Totally agree.

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SolanOcard

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Wow, there are 57.6 million idiots in the world.

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xenogearz88

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Facebook = crap Facebook and other social network sites like it are nothing more than a cheap way to advertise you and your private life to strangers all over the world for no reason.heck, the only ones who stand go gain anything from this sham are unscrupulous bastards who use Facebook to look for suckers for their scam by stealing your identity and messing your private life. ....so again, i have to ask, WHAT THE HELL DO PEOPLE SEE IN FACEBOOK AND SOCIAL NETWORK SITES TO JUSTIFY RISKING THEIR PRIVATE LIFE AND EXPOSING YOUR PERSONAL STUFF TO RANDOM STRANGERS EVERYWHERE FOR NO VALID REASON??!!

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fightmusician

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Wow that's just sad.

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Toysoldier34

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I hate farmville and everything else Facebook related. Have fun losing all of your privacy.

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JSusie

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As someone who has never played Farmville, what exactly do you do? Is it like Harvest Moon or something? I guess giving people something to do while waiting for facebook updates is serious cash.

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soulless4now

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Looks like it's only a matter of time before they start buying out companies possible like EA.

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Rob_101

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I hate reading these things especially when I'm broke and looking for a job :x

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2bitSmOkEy

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Thats a lot of noobs.

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Green_Chaos

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That's alot of money compared to how much each console that comes out from companies like Sony,Microsoft,Nintendo and the unknown companies.

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glennvolio

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FarmVille FTW!!!

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parrot_of_adun

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It's frightening there are enough of those people (that even play farmville and it's ilk) to make this possible...

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deactivated-649984c465889

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In the end, Zynga will become so monstrously huge that it buys up all the other game companies and turns all franchises into casual games; DeadSpaceVille, Battlefield Bad Company Cafe World, StarCraftVille etc etc.

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comb5

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I think Farmville is more stable than Medal Of Honor. So that's kind of fair. lol.

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Darth_Nater307

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$10 says that before the end of the year, either Activision or EA try to buy Zynga.

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Vengeful_Angel

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These games are fine and all in moderation, like video games or anything else, but for Zynga to surpass EA this quick scares me as to how many people spend such time on in front a computer. This does not bode well for our race...

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mkdoomfan2

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too bad it was not activision...

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gamebreakerz__

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This is the most facepalm worthy thing I have seen in a while.

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Hatemachine25

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Good now maybe EA will step up their game, nothing like a little competition to get folks moving, and if losing out to games like this doesn't stick in their Craw after decades of game development I really don't know what will.

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SailingThe7Seas

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I play ZooWorld (free) and more than happy with it. That's a good Facebook game.

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tehepicpwnzor

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57,600,000 active users will do that.

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RockySquirrel

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I'm part of the older gamer generation...I hate people... just gimme a good solo RPG or fun arcade game... social gaming *phooey*... AND GET OFF MY LAWN!

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wilmepe

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This is just sad.

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Riakae

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xenogearz88, I completely agree with you but, you are aware you are on a gaming website, right? You know, fantasy, completely fake, just data??? Everyone does what they think is fun and whether they play Farmville, in the end, what real thing do you get out of it besides less sleep?

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NiteShadeX

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Epic Monsters kicks the **** out of farmville.

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Zathic

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That is wrong

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xenogearz88

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....wow.....just......pathetic...... so why are people still wasting money on facebook again? i mean, wasting money just to buy fake items to keep your fake cows alive? i fail to see the point to this crap. whoever is gullible enough to be conned by this crap needs his/her head checked by Sigmund Freud......badly.

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Oloryn

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Doesn't really surprise me. Most gamers forget about the other 80% of people looking for electronic entertainment. I think gaming an enjoyable experience and don't see why I should hog it while ridiculing those that only enjoy or might only have time for casual gaming. There was a market for it and Zynga took a slice of the pie, simple enough. This doesn't mean that EA or larger companies are dying...that's a ridiculous thought. It just means the entertainment medium is expanding. This also doesn't mean my games are any less fun. They can play Farmville and have fun. Right now I'm going to hit up some Undead Nightmare.

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guitarist1980

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There is nothing stopping EA from trying to get into that market.. Farmville is an anomaly..because of where the game is played. There will always be a place for triple A FPS, RPG's, and Strategy games.

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wiidsduelpack

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The bombshell that casual gaming is bigger than hardcore gaming. Move and Kinect head in that direction.

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deactivated-5de2fb6a3a711

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This is the first time in a long time that I've decided to side with EA...

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Crumblet

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Free online games annoy me.

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noirsake

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I'm so glad i quit facebook

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DennisWZH

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ouch, that gotta hurt. poor EA.

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deactivated-6040149309c71

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sadly, i think gaming will eventually turn into this casual gaming in the future, and i don't think that will be fun. (or maybe i will go and get alot of cheap games and be able to play those) I can see the iphone becoming where big games are developped. (just look at gameloft)

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PS3callofduty

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I really never understood why they made a game that suits 6 yrs old on a social network site that requires you to be 18.. But this developer is worth more than EA? Thats just wow..

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DSfanatic5

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My Stepmother, Grandmother, Cat, Cousin, Nephew, Atari Lynx, and Imaginary Friend all love to play Farmville. I refuse to create a FaceBook account, so I have no idea how lame this game is. I only know that if they all play it, religiously, it must be the smartest idea for a game in the last decade (monitarily speaking).

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Froce712

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This is....a disturbance in the force.

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deactivated-603af784ed4f7

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HAHAHA this is embarrassing! An game app is worth more than a gaming company!

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monson21502

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kinect is gonna get everybody off their farms and on the dance floor come november 4th:)

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kbempoleon

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well i guess EA isn't doing something right.

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archvile_78

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thats...shocking.

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