Send News. Want a reply? Read this. More in the FAQ.   News Forum - All Forums - Mobile - PDA - RSS Headlines  RSS Headlines   Twitter  Twitter
Customize
User Settings
Styles:
LAN Parties
Upcoming one-time events:
Greenbelt, MD 08/22

Regularly scheduled events

VU Games Cuts

Vivendi Universal Games sends along the announcement of a reorganization, which is costing 350 people their jobs. The release specifies that Blizzard is not impacted by the moves, but it seems likely this is connected with recent speculative stories of the closings of Papyrus (story) and Impressions (story). Here's the word:

VIVENDI UNIVERSAL GAMES ANNOUNCES REORGANIZATION AND COST REDUCTIONS AS PART OF TURNAROUND PLAN

LOS ANGELES June 21, 2004 Vivendi Universal Games (VU Games) today announced another step in its turnaround plan to improve operating effectiveness, reduce costs and position for growth. The changes include a significant staff reduction in its North American based operations resulting in the elimination of 350 staff positions. The Company's Blizzard Entertainment studio was not part of the staff reduction.

"Restructuring the organization and reducing our cost base are necessary to improve our operating effectiveness and profitability," said VU Games CEO Bruce Hack. "This constitutes another important step in our turnaround plan aimed to better position the Company for growth."

With a global and more focused organization in place, VU Games is looking ahead to the second half of the year with several major releases scheduled for launch. VU Games plans to release World of Warcraft from Blizzard Entertainment, marking the Company's entry into the massively multi-player online role-playing games category. Other current and upcoming releases for 2004 include Crash Twinsanity, Leisure Suit Larry, The Chronicles of Riddick: Escape from Butcher Bay, Van Helsing, Ground Control II, Fight Club and Spyro: A Hero's Tail.

Post Comment
Enter the details of the comment you'd like to post in the boxes below and click the button at the bottom of the form.

16. Re: Will computer games rise again? Jun 21, 2004, 18:12 4D-Boxing
 
It'a all about gameplay and polish! So many compamies complain about sales but how many release games with the type of polish we've seen in titles such as UT2k4? I've seen ps2 games that where considered not good enough to be published on consoles be published on the PC. If Sony realized that the game sucked and that it had to many bugs why would you waist money packaging it and putting it on the shelves. Maybe they like getting horrible reviews that make people avoid their products... I'm not saying that ut2k4 is perfect game but at least it did not ship like BF:V.

PC gaming will be arround for a long time just cause it offers a different experience.

This comment was edited on Jun 21, 18:27.
 
Reply Quote Edit Delete Report
 
Subject
Comment
     
 
      ;)   ;)   :(   :(   :o   :o   %)   %)   :)   :)   :|   :|   ;P   ;P   X|   X|   :D   :D   More
 
Login Email   Password Remember Me
If you have a signature set up, it will be automatically appended to your comment.
If you don't already have a Blue's News user account, you can sign up here.
Forgotten your password? Click here.
 
          Email me when this topic is updated.
 

Special Codes

  • b[bold text]b
  • i[italic text]i
  • u[underline text]u
  • -[strikethrough text]-
  • c[code text]c
  • +[bullet point]+
  • q[quote text (indented)]q
  • [quote="Author"]quote text (indented)[/quote]
  • [url=Link]text[/url]
  • r{red text}r
  • g{green text}g
  • b{blue text}b
  • m{maroon text}m
  • s{secret text (shows in the background colour)}s

Forum Rules

  1. Disagree all you want but attacks of a personal nature will not be tolerated.
  2. Ethnic slurs and homophobic language will not be tolerated.
  3. Do not post spam, links to warez sites, or instructions on how to obtain pirated software.
  4. Abusing the forums in any manner that could be construed as 'griefing' will not be tolerated.


footer

Blue's News logo