NEWS - Thursday, July 29, 2004


Vivendi Reports Second Quarter Numbers

Vivendi Universal reported second-quarter and first-half financials yesterday. The global giant’s game division saw 71 million euros ($85.4 million) in income, down 47 percent from last year’s Q2 revenues of 134 million euros ($161.2 million). Titles the company paid tribute to as driving revenues this quarter included Van Helsing and The Chronicles of Riddick: Escape From Butcher Bay. Overall, the company attributed the drop in revenues to its coming off of a particularly strong lineup in Q2 2003. In a statement, the company said higher-than-anticipated returns of product in its European market also contributed to the weak numbers. For the full first half of the year, revenues of 148 million euros ($178 million) were down 38 percent against the previous year’s same-period revenues of 240 million euros ($288.6 million). The company revealed in a statement that, "On a year-to-date basis, the key 2004-launched titles were Van Helsing, Counter-Strike: Condition Zero, Baldur’s Gate: Dark Alliance II, and Riddick." Its 2003 release, The Simpsons: Hit & Run, was a strong performer as well--throughout the most recent two quarters. Looking ahead, the company said that it is hoping that its new management team--in place since July 12 of this year--will have an ameliorative effect on the bottom line. In a statement, the company revealed that, "The new management team is focused on actively reducing the operating costs basis and leveraging a worldwide organization." The company also reiterated its commitment to "developing high-quality games on a timely basis" by referring to upcoming titles Tribes: Vengeance, Men of Valor, Leisure Suit Larry: Magna Cum Laude, and, of course, Half-Life 2.
Source: http://www.gamespot.com

Site Statistics

Registered Members: 81,027
Forum Posts: 725,969
Xbox One Titles: 6,503
Xbox 360 Titles: 1,086
Xbox 360 Kinect Titles: 95
Xbox 360 Arcade Titles: 586
Original Xbox Titles: 987
Staff Reviews: 2,606
Member Reviews: 10,339
News Articles: 16,557
Screenshots: 39,528
Xbox 360 Achievements: 45,112
Xbox 360 Faceplates: 2,016
Cheat Codes: 1,706

Latest News

Bulwark: Evolution Out Now on Consoles

Bulwark: Evolution Out Now on ConsolesThis major free update, which has already been successfully launched on Steam, brings a new layer of depth, strategy, and innovative gameplay mechanics to the immersive world of Bulwark: Falconeer Chronicles.


Thrustmaster Unveils T.Flight Hotas One

Thrustmaster Unveils T.Flight Hotas OneThrustmaster’s best-seller is back with a new look featuring the official license of Microsoft Flight Simulator. This complete, precise and easy-to-use hands- on throttle and stick (HOTAS) is the ideal companion for Microsoft Flight Sim 2024







See News Archives

Community Forum Activity

KeyWe Giveaway!
Post by Variation-XBA
0 Replies, 27228 Views

2021: XBA is still here
Post by shrew king
40 Replies, 269513 Views

Watch Dogs: Legion
Post by Nato King
0 Replies, 126161 Views

Xbox Series X or S
Post by Nato King
5 Replies, 144232 Views

Spellbreak Grand Magus Pack (3) and Starter Pack (7) Giveaway!
Post by Variation-XBA
0 Replies, 131964 Views

I pay $ 1000! I search the Element 54 Canadian launch Team signaturen Faceplate
Post by Smill
0 Replies, 155224 Views

Xbox one no signal
Post by debrartin
0 Replies, 144393 Views

do you remember?
Post by SnoochyBoochy
3 Replies, 215740 Views

i haz xbox
Post by SnoochyBoochy
0 Replies, 169510 Views

Claiming the first thread of 2020
Post by Kraft
7 Replies, 265566 Views

Important! I pay $ 1000! I search the Sweden launch and the Element 54 Faceplate
Post by Smill
3 Replies, 150060 Views

Squad Up
Post by samslophead
0 Replies, 255922 Views

TERA Skinned Xbox One X Giveaway!
Post by Variation-XBA
0 Replies, 179643 Views

Starfield Release expectations?
Post by DJ tx
4 Replies, 310838 Views

Issue with Xbox live on Xbox home
Post by rcmpayne
0 Replies, 168119 Views

© 2000-2024 XboxAddict.com - All rights reserved. All trademarks are properties of their respective owners.
Xbox is a registered trademark of Microsoft. XboxAddict.com is not affiliated with Microsoft.

Made in Canada
Site Design by Cameron Graphics