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 >> Blizzard parent company Vivendi hopes of Warcraft and Guitar Hero to promote growth

Europe's largest entertainment company Vivendi hoped that "Guitar Hero" and "World of Warcraft" These two games can promote the growth of profits this year.
Vivendi would also like to pay-TV business Canal Plus and telecommunications business unit SFR can promote the growth of the performance of the company. Vivendi said that with the acquisition related restructuring costs will be further reduced. Although the balance sheet and cash flow are pretty good, but Vivendi to acquire other companies, the short term is unlikely. Vivendi has been interested in the acquisition of the Spanish pay-TV company Digital +. Vivendi CEO let -(Jean-Bernard Levy) said, "We are very confident, has a very strong 'downward rigidity', but at the same time we will remain vigilant and continue to pay attention to costs."

Analysts pointed out that because 70% of the revenue from the telephone, Internet, pay-TV and online games business, dependence on advertising low, Vivendi is considered the most "downward rigidity" of the media companies. Levy said, "I did not say that Vivendi can stay in the economic recession, but compared with other media companies, their impact even smaller."

Levy said that Vivendi is expected in 2009 its EBITA (before interest, taxes, depreciation and amortization before profits) will increase by more than 2008 years of 4.9%. He did not disclose Vivendi's revenue goals in 2009. Levy said, "We expect the video game business will continue to grow strongly, at the beginning of this year," World of Warcraft "players the world has reached 12 million, this is a 'good start'." "World of Warcraft" is a more than online role-playing game.

Vivendi said the company will improve in 2008 dividend 7.7% to 1.4 U.S. dollars per share, in line with analyst expectations. Vivendi said the future of the company will continue to put half net profit for dividend payments.

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