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Officials from Vivendi Universal Games have release their report for the company’s fiscal first quarter. During this period the company’s game division posted revenues of...

David Jenkins, Blogger

June 1, 2004

1 Min Read

Officials from Vivendi Universal Games have release their report for the company’s fiscal first quarter. During this period the company’s game division posted revenues of €77 million ($94.36m) with an operating loss of €45 million ($55.15m) – almost double that of the same period last year. Parent company Vivendi Universal though, has made some progress towards lessening its debts and 2004 is described as a “transition year” for the games division – with many of these first quarter losses being attributed to the cancellation of titles and the bringing in of a new management team. Source: GameSpot

About the Author(s)

David Jenkins

Blogger

David Jenkins ([email protected]) is a freelance writer and journalist working in the UK. As well as being a regular news contributor to Gamasutra.com, he also writes for newsstand magazines Cube, Games TM and Edge, in addition to working for companies including BBC Worldwide, Disney, Amazon and Telewest.

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