Corrected: Earnings: Vivendi H1 Up On Games, Digital Music Growth


Credit: AP Images

Fast growing digital music sales and the ongoing popularity of online multiplayer video games helped Vivendi (EPA: VIV) to a recession-beating 15 percent year-on-year revenue growth in the first half of 2009.

*Activision* Blizzard: The games division continued to power on – revenues up 300 percent from last year to


Patrick Smith

Thank you Ull for pointing out the error, which has now been corrected.


You interpreted the Activision results incorrectly — they already are in US$, not in Euros. Per release: "For the 2009 calendar year on a non-GAAP basis4, Activision Blizzard is re-affirming its earnings per diluted share
outlook of $0.63 but has adjusted its outlook for net revenues from $4.8 billion to $4.5 billion."

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