Vivendi debt fun!

[Saint_Proverbius]

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

<a href="http://avault.com/">AVault</a> has a little <a href="http://www.avault.com/news/displaynews. ... ">story</a> about how <a href="http://www.vivendiuniversal.com/vu2/en/ ... iversal</a> may sell of their Video Game division to recoup some of the losses they've had over several years. <a href="http://www.vivendiuniversal.com/vu2/en/ ... iversal</a> is currently publishing titles for <a href="http://interplay.com">Interplay</a>, as well as having <a href="http://www.sierrastudios.com">Sierra</a> and <a href="http://www.blizzard.com/">Blizzard</a> under their thumb.They could earn close to <b>$2,000,000,000</b> for such a sale.Thanks to <b>Exitium</b> of <a href="http://rpgplanet.com/lionheart">The Inquisition</a> for pointing this story out.

[DarkUnderlord]

<a href="http://avault.com/">AVault</a> has a little <a href="http://www.avault.com/news/displaynews. ... ">story</a> about how <a href="http://www.vivendiuniversal.com/vu2/en/ ... iversal</a> may sell of their Video Game division to recoup some of the losses they've had over several years. <a href="http://www.vivendiuniversal.com/vu2/en/ ... iversal</a> is currently publishing titles for <a href="http://interplay.com">Interplay</a>, as well as having <a href="http://www.sierrastudios.com">Sierra</a> and <a href="http://www.blizzard.com/">Blizzard</a> under their thumb.<br><br>They could earn close to <b>$2,000,000,000</b> for such a sale.<br><br>Thanks to <b>Exitium</b> of <a href="http://rpgplanet.com/lionheart">The Inquisition</a> for pointing this story out.

Woah! For a minute there, I thought you said they could get $2 billion from the sale.

>checks again<

Oh... You did.

I suppose it'd break down into something like this:
Blizzard - $1.2 Billion
Sierra - $700 Million
Interplay - $1 Million
The Rest - $59 Million

Hmm... I think I undervalued Sierra a bit.
Sierra - $700.9 Million
Interplay - $0.1 Million

There, much better.

[HanoverF]

I'd buy that for a dollar!

[Saint_Proverbius]

Vivendi just publishes for Interplay. They don't own Interplay, Titus owns them.

[Bulldog]

I'd buy that for a dollar!

I just watched that the other day, god what a great movie it is.

[DarkUnderlord]

Vivendi just publishes for Interplay. They don't own Interplay, Titus owns them.

:oops: My mistake. I got confused and added Interplay in their with Blizzard and the rest.

The No. 2 creator of PC games worldwide, the division is a global reference in the gaming world, driven by the creativity of its studios - Blizzard Entertainment, Sierra Entertainment and Universal Interactive - the quality of its development, and the breadth of its distribution networks.

I think they'd be mad to sell off their publishing arm though. Looking at those sales figures for Diablo, Half-Life, Crash Bandicoot, Spyro the Dragon (no wonder they say the money is in consoles) and the rest. I'd presume it's a very profitable arm of the company. In my opinion, things must really be in the crapper if they think it's worth selling off.

[DarkUnderlord]

Okay, I'm wrong, so they're more likely to sell it off:
http://media.guardian.co.uk/city/story/ ... 50,00.html

They're trying to sell their Italian pay-TV station to Rupert for £1bn:
http://media.guardian.co.uk/broadcast/s ... 38,00.html

Vivendi Universal eventually threw in the towel and agreed to a sale after bankers pressed it to reduce its £12bn debt burden.

... and I thought Interplay had debt problems. Eeesh..

Vivendi Universal Games, the second largest manufacturer of games for PCs, is valued at £1.25bn.

The report added that Jean-Rene Fourtou, the new chief executive of the group, had ruled out selling Vivendi's 44% stake in Cegetel, the much admired telecoms operator.

Looks like the games are definately going to go. Anyone got a spare couple of billion I could borrow? I have some shopping I'd like to do.