Vivendi revenue down 11% for first six months of the year

By Mike, Friday, 25 July 2008 15:32 GMT

Vivendi Games has reported that total revenue for the first half of 2008 is down 11 percent compared with the same period last year.

Its 2008 revenue stands at €444 million so far, compared with 2007’s €500.

The company attributed the fall in income to success of The Burning Crusade during the first half of 2007, and noted that all areas of its business had been delivered a blow by what it describes as “unfavorable currency exchange movements.”

Vivendi officially merged with Acitivision earlier this month and later announced that UK job-losses were imminent.

By Mike Bowden

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