French media and telecom group Vivendi (Paris:VIV.PA) reported its Q207 numbers today, and its sales rose 7.4 percent. Revenues rose to $7.15 billion from $6.58 billion a year earlier, beating expectations.
Sales in the games unit rose 29 percent to $287.2 million after the January release the “World of Warcraft: The Burning Crusade” subscription game. At the end of June, Vivendi counted 9 million users and said preparations are under way for a release in China.
On the music side, the news wasn’t so good: Sales at Universal Music Group, the world’s largest label, dropping 0.8 percent to $1.47 billion as best-selling titles from Nelly Furtado and Amy Winehouse failed to offset the impact of a higher euro. Digital music revenues of $212 million increased 49 percent compared to last year at constant currency with both online and mobile sectors reporting significant growth.
More details in the PDF release here.
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