Posted Wed, May 17, 2006 by Ethec
Vivendi Games earnings up... ho hum.
Building on Vivendi Universal's announcement of a 34% revenue increase earlier this month, subsidiary company Vivendi Games reported a 109% first quarter revenue increase. It's just another quarter in paradise for Blizzard Entertainment and Vivendi.
According to the company, the "dramatic" improvement in revenue growth was fueled by "an increased proportion relating to the higher margin of World of Warcraft business." Interestingly, in the same report, Vivendi states that the earnings figures include increased development costs incurred by Blizzard, WoW's developer. The report did not specify if these costs were related to the upcoming WoW expansion The Burning Crusade or some other unannounced project.
Yawn, stretch, and check out the rest of the Vivendi earnings announcement at IGN.