Vivendi Universal announced earnings and a changed name

Matti Robinson
21 Apr 2006 2:06

Vivendi Universal and its gaming division VU Games has changed their names. The company held an annual meeting where shareholders approved the name change from Vivendi Universal to plain Vivendi. The gaming division formerly known as VU Games followed the mother and now calls itself Vivendi Games. The company also presented a new logo for the new company name, "Vivendi's new logo and visual identity reflect the company's strength and ambition. A strength founded on its ability to be creative, innovative, and dynamic and the ambition to offer customers the best products and services."
The company also revealed its first quarter profit. The gaming division was the leader with revenue gone up 18.6 percent from the first quarter in 2005. The obvious reason for this is the huge, continuing success of World of Warcraft, but other games were also cited as making contributions including Ice Age 2, 50 Cent: Bulletproof and Crash Tag Team Racing.
The other divisions didn't compare to what Vivendi Games managed, the Vivendi Universal Music Group had a 8.4 percent "bump" and Canal+ Group film division went up 7.7 percent making it overall rise of 5.7 percent for Vivendi, a total revenue of 4.77 billion euros ($5.87 billion).
Source:
GameSpot

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