Vivendi to only sell off publishing divisions

Saint_Proverbius · Post by **Saint_Proverbius** » Wed Oct 23, 2002 11:36 pm

<strong>[Company -> Update]</strong>

I just noticed over at <A href="http://www.rpgcodex.com">RPG Codex</a> that <b>JC</b> posted about an <A href="http://www.cnn.com/2002/BUSINESS/10/23/ ... article</a> on <A href="http://www.cnn.com">CNN</a> that <a href="http://www.vivendiuniversal.com/">Vivendi</a> will only sell off publishing divisions to make up for the massive debt they've racked up:<blockquote>Vivendi decided to sell its European and Latin American publishing assets separately after three bids for its global operations fell below a target price of between 3.5 billion and 4 billion euros. Its main U.S. operation is publisher Houghton Mifflin, based in Boston.Vivendi, the world's second largest media group after CNN parent AOL Time Warner, said in September it wanted to auction assets valued at 12 billion euros by the end of 2003."[This agreement] contributes to lowering Vivendi Universal's debt ... meets the cultural and heritage concerns that relate to publishing... [and] offers growth prospects for [the] French and European publishing businesses,'' Vivendi Chief Executive Jean Rene Fourtou said in a statement.</blockquote>Keep in mind that <A href="http://vivendiuniversal.com">Vivendi</a> are the chaps who now publish for <a href="http://interplay.com">Interplay</a>.

Post by **DarkUnderlord** » Thu Oct 24, 2002 2:33 pm

Well, they obviously won't be selling Interplay then. It wouldn't sell for enough to cover even a dollar of their debt

Saint_Proverbius · Post by **Saint_Proverbius** » Thu Oct 24, 2002 10:31 pm

They can't sell Interplay, since they don't own it. They just have a publishing contract with Interplay via Titus.

Valdis · Post by **Valdis** » Fri Oct 25, 2002 6:03 am

Isn't Titus the company that ruined(or further ruined) Interplay?

Spazmo · Post by **Spazmo** » Fri Oct 25, 2002 6:38 am

That's right. They bought most of the stock and then ran Interplay into the ground. Go here for vengeance.

Valdis · Post by **Valdis** » Fri Oct 25, 2002 6:40 am

There should be some sort of movement against Titus, the company that ruined the company that made Interplay. And Interplay made Wasteland, and it's probably because of Wasteland that Fallout started in the first place.:x

Post by **DarkUnderlord** » Fri Oct 25, 2002 1:20 pm

Saint_Proverbius wrote:They can't sell Interplay, since they don't own it. They just have a publishing contract with Interplay via Titus.

Argh yeah, that's right. I really need some kind of organisational chart of who has dealings with Interplay or something. :/

*Crawls back under his rock*

Saint_Proverbius · Post by **Saint_Proverbius** » Fri Oct 25, 2002 7:45 pm

Valdis wrote:Isn't Titus the company that ruined(or further ruined) Interplay?

Further ruined, really. Titus wouldn't have been able to buy up IPLY if it wasn't already crashing.

Bulldog · Post by **Bulldog** » Sat Oct 26, 2002 9:40 am

Can't any of these people do anything right.