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:
San Diego, CA 08/21

Regularly scheduled events

Blizzard's Stormy Future

Blizzard game studio in lull of uncertainty is a Seattle Times article (thanks HomeLAN Fed) on the uncertain future faced by Blizzard in light of efforts by Vivendi Universal to sell the games unit of which it is a part. They describe the recent departure of some of the company's mainstays, quote Blizzard's president Mike Morhaime as saying "we don't even know if we're part of the assets being sold," and offer the following perspective on Blizzard's place in VUGames' scheme of things:

Blizzard is a key piece of Vivendi's video and computer games business, which had sales last year of $750 million, about 11 percent of Vivendi's 2002 revenue. Although Blizzard has released just one new title this year — an expansion to "Warcraft III" — it accounts for 25 percent of Vivendi Universal Games' worldwide revenue.

Vivendi Universal Games also includes Universal Interactive, Fox Interactive, Sierra Entertainment and Knowledge Adventure.

Early on, Vivendi hoped to sell the entire games unit for $2 billion, but analysts said the price has fallen to about $800 million. Even so, there haven't been any offers, despite flirtations with game publisher Electronic Arts and Microsoft.

Email Digg Facebook Twitter   Share More    


 

  
   Current Headlines
Dota 2 Teases the Monkey King
Quantum Break Win10 Follow-up
Assault Squad 2: Men of War Origins This Month
Saturday Tech Bits
Saturday Safety Dance
Saturday Legal Briefs
Game Reviews
Hardware Reviews
etc.
Out of the Blue
No Man's Sky Released
Overwatch Tick Rate Increasing
Police Simulator – Law Enforcement Announced
The Shattering Announced
Killing Floor 2 in November
South Park: The Fractured But Whole Preorders
Worlds Adrift Trailer
On Sale
Evening Screenshots
Evening Consolidation
  

 



footer

Blue's News logo