Activision Blizzard

  1. Vivendi’s New Chairman Touts Focus on Universal Music, as Grainge Looks On

    June 24, 2014 1:44 PM EDT New Vivendi chairman Vincent Bollore, the French billionaire who owns a 5 percent stake in the conglomerate, on Tuesday signaled his hope for improved cooperation and synergy across the company's operations. Bollore spoke at Vivendi's an ...

  2. Vivendi Considering Splitting Media and Telecom Companies

    September 11, 2013 12:28 PM EDT French conglomerate Vivendi, which owns Universal Music Group, today announced that its supervisory board has unanimously voted to launch a study to split into two separate companies – an international media group and the SFR telecom group.  V ...

  3. Vivendi Q2 Earnings Slip, UMG Results Improve

    August 29, 2013 5:36 AM EDT French entertainment and telecom conglomerate Vivendi on Thursday reported lower second-quarter earnings amid weaker results at its telecom businesses. The company, which owns Universal Music Group, French pay TV giant Canal Plus and others, als ...

  4. Universal Music Earnings Dip In First Nine Months

    November 13, 2012 4:22 PM EST Universal Music Group posted a 2.5% decline in earnings before interest taxes and amortization in the first nine months of 2012 compared with a year ago, according to results posted by its French conglomerate parent Vivendi on Tuesday. The world&# ...

  5. Vivendi Names Canal+ Chairman Bertrand Meheut To Lead Content Business Review

    August 20, 2012 4:39 PM EDT LONDON - Vivendi said Monday that Canal+ chairman Bertrand Meheut will play a key role in its strategic review, which is expected to lead to the sale of at least some of its businesses. The French entertainment and telecom conglomerate's supe ...

  6. Viacom Ordered To Pay $300 Million Over 'Rock Band' Acquisition

    August 13, 2012 5:26 PM EDT Viacom has suffered a $300 million loss in a Delaware court tied to its 2006 acquisition of Harmonix, the studio that created the Rock Band video games. Although Viacom sold Harmonix in 2010 , it is still paying for the decision to buy the game st ...

  7. Vivendi Committed to UMG's EMI Purchase, Selling Activision (Report)

    July 02, 2012 9:13 AM EDT Whatever the politics within Vivendi that led to the departure of CEO Jean-Bernard Lévy, the company's senior management team still stands behind Universal Music Group and its planned acquisition of EMI, according to an e-mail UMG chairman an ...

  8. Vivendi CEO Jean-Bernard Levy Steps Down

    June 28, 2012 4:22 PM EDT French entertainment group Vivendi says its chief executive is stepping down because of a difference of opinion about the direction of the company. Universal Music Parent Vivendi Ordered to Pay $956 Million in Liberty Media Suit The Paris-based co ...

  9. Universal Music Parent Vivendi Ordered to Pay $956 Million in Liberty Media Suit

    June 26, 2012 10:50 AM EDT LONDON - Vivendi, the parent company of Universal Music Group, saw its shares slip in European trading Tuesday after the entertainment and telecom conglomerate lost a stage in a court case to John Malone's Liberty Media. Analysts said most in ...

  10. Universal Music Group Q1 Revenue Up 9.1%, Credits Madonna, Nicki Minaj, Gotye, Van Halen Releases

    May 15, 2012 4:30 PM EDT Screen shot of Vivendi's First Quarter 2012 Results Apendix III. Universal Music Group revenues increased 9.1% to €961 million ($1.28 billion at the March 31 exchange rate) in the first quarter of 2012 (6.7% at constant currency). Earnings be ...

  11. Vivendi Reports Lower Q4 Earnings, Predicts Two Year Decline After 2011 Record Year

    March 02, 2012 8:05 AM EST NEW YORK - French entertainment and telecom group Vivendi on Thursday reported lower fourth-quarter financials and predicted two years of lower profits. Driven by challenges in its French telecom business, Vivendi's earnings excluding special ...

  12. Viacom Owes $383 Million To Harmonix in 'Rock Band' Dispute Arbitrators Say

    December 28, 2011 7:00 AM EST After already paying $150 million to former shareholders of Harmonix, arbitrators have determined that Viacom owes an additional $383 million to the video game company that created Rock Band, according to a regulatory filing on Tuesday. The revela ...

  13. Vivendi Third-Quarter Results Exceed Expectations

    November 16, 2011 8:27 PM EST NEW YORK - Vivendi on Wednesday reported better-than-expected third-quarter financials when excluding the effect of tax reforms driven by strength at video game arm Activision Blizzard. The results also included the second consecutive quarter of s ...

  14. Universal Music Group Earnings Drop 5.5% in Second Quarter -- An Improvement Over First Quarter and Last Year

    August 31, 2011 5:56 PM EDT The U.S. recorded music rebound and the LimeWire settlement helped Universal Music Group to an improved second quarter after a weaker first quarter of 2011. Revenues dropped 2.9% to €982 million ($1.42 billion, up 0.6% at constant currency, which ...

  15. Myspace In Final Buyout Talks With Bobby Kotick

    June 10, 2011 7:38 AM EDT An investor group including Activision Blizzard Chief Executive Officer Bobby Kotick is in final talks to take a controlling stake in News Corp's social network site Myspace, according to three people familiar with the matter. Kotick's i ...

  16. Is Flat the New Up? Universal Music Group Revenue 'Grew' in First Quarter of 2011

    May 16, 2011 11:54 AM EDT With flat being the new up, Universal Music Group's first quarter revenue is somewhat of a success story. Revenue for the world's largest music company was down 0.9% to €881 million (US $1.15 billion) compared to the prior-year quarter. ...

  17. Vivendi Appoints Lucian Grainge Chairman & CEO of Universal Music Group

    March 09, 2011 2:38 PM EST In the wake of Doug Morris' early departure from Universal Music Group to take the helm at Sony , Vivendi announced today the appointment of Lucian Grainge as Chairman and Chief Executive Officer of UMG. Grainge who was formerly CEO of UMG, w ...

  18. Universal Music Posts 10% Revenue Gain, Matches 2008 Revenue in Q4

    March 02, 2011 11:54 AM EST A strong end to 2010 gave Universal Music Group a 9.9% increase in revenue in the fourth quarter, according to financial details released by parent company Vivendi . It was the third straight year-over-year increase in quarterly revenue. Full-year ...

  19. No Doubt to Pursue Lawsuit Against Activision

    February 17, 2011 7:57 AM EST This week is shaping up to be a big one in the ongoing struggle to figure out the difference between commercial and expressive speech, the times when entertainment companies can show public figures in the name of the First Amendment and the times ...

  20. Business Matters: BMG Wants EMI's Back Catalog More Than Its Publishing

    December 20, 2010 12:00 AM EST BMG Covets EMI Group's Back Catalog More Than Its Publishing -- BMG Rights Management is interested in EMI Group's recorded music back catalog rather than its publishing division, BMG Rights CEO Hartwig Masuch told MusicWeek . "Inte ...

  21. Axl Rose Sues Activision Over 'Guitar Hero'

    November 23, 2010 12:00 AM EST Guns N’ Roses singer Axl Rose is suing Activision Blizzard for $20 million over the use of the band’s classic “Welcome to the Jungle,” in the 2007 videogame Guitar Hero III. According to the lawsuit ( see the full filing here ), Rose wanted assura ...

  22. Universal Music Group Revenue Up In Q3

    November 15, 2010 12:00 AM EST In a time when flat is the new up, Universal Music Group is having a pretty good year. In the third quarter of 2010, the UMG's revenue was up 6% (down 3% at constant currency) to 1.03 billion euros ($1.39 billion). Earnings before interest, t ...

  23. Activision Blizzard Revenue Up 10% In 2010

    November 08, 2010 12:00 AM EST Activision Blizzard posted a strong third quarter and its CEO said it is on track to have its most profitable year. The video game company took in $745 million in the quarter, up 6% from the same period last year. Through the first nine months of ...

  24. Business Matters: Zaptunes, Kickstarter, Vivendi and more

    September 02, 2010 12:00 AM EDT Opinion and analysis of the day's music news. THE DEAL WITH ZAPTUNES -- In case you haven’t spent any time this week following Zaptunes, a new music service that touts songs by Radiohead and other stars, here are a few things you should know. ...

  25. Ad Agency Exec Hirshberg Named Activision Publishing CEO

    July 13, 2010 12:00 AM EDT Deutsch/LA's Eric Hirshberg is leaving the agency fold to become worldwide CEO of Activision Publishing, Activision Blizzard said today. In his new role, Hirshberg will lead management of the game maker's studio, product development and ...

  26. Business Matters: Terra Firma, Vivendi, HMV Group and More

    May 14, 2010 12:00 AM EDT -- Reuters reports Terra Firma has given Citigroup a compliance certificate , a notification of its plan to inject additional equity to meet its debt covenant. Terra Firma does not need to hand over the money until June 14. But the specifics on th ...

  27. Guitar Hero CEO Steps Down

    February 02, 2010 12:00 AM EST Dan Rosensweig, CEO of Activision Blizzard's Guitar Hero division has left the company to take the chief executive role at a textbook rental startup firm. Rosensweig assumed the role in March of last year. Since then, music game sales have fa ...

  28. Business Matters: Sky Songs, The Pirate Bay, DJ Hero

    October 23, 2009 12:00 AM EDT Business Matters is a daily column that offers insight, analysis and opinion on the day's news. -- The European Parliament dropped from a Telecom bill an amendment that would have protected citizen’s right to Internet access. In doing away wi ...

  29. Business Matters: UMG, Richard Branson, YouTube, Van Halen

    September 10, 2009 12:00 AM EDT Business Matters is a daily column that offers insight, analysis and opinion on the day's news. -- A funny thing happened on the way to the future of the record industry: disagreement. Universal Music Group ’s planned ISP-based music service ...

  30. Composer Hans Zimmer Game For 'Call of Duty'

    August 28, 2009 12:00 AM EDT Oscar-winning composer Hans Zimmer is writing music for his first videogame project, "Call of Duty: Modern Warfare 2," one of the year's most anticipated releases. The sequel to the first-person action best-seller "Call of Duty ...

  31. Activision Readies Music Releases

    May 07, 2009 12:00 AM EDT Activision Blizzard is releasing three new music-based games this year: DJ Hero, Guitar Hero 5 and Band Hero, and also confirmed the existence of Guitar Hero: Van Halen. Few details were provided for any of the games. DJ Hero, which was previously ...

  32. As Sales Slow, Music Game-Makers Turn To Hip-Hop And Electronica For Growth

    May 01, 2009 12:00 AM EDT Just how important is the upcoming "DJ Hero" game to Activision Blizzard? So important that the videogame publisher tried to buy a rival game that was scheduled for release before "DJ Hero" hit stores. When that failed, Activis ...

  33. Van Dyke Parks Signs Up To Big Sound

    March 26, 2009 12:00 AM EDT Veteran U.S. producer and songwriter Van Dyke Parks is one of the guest speakers confirmed for the Australian Big Sound music industry summit and showcase event this September, organizers said today. Now in its eighth year, the Brisbane, Queenslan ...

  34. Digital Briefs: Activision, John Mellencamp, 'DJ Hero'

    March 23, 2009 12:00 AM EDT - Former Yahoo COO Dan Rosensweig has been named the new president and CEO of Activision Blizzard's Red Octane division, which is responsible for the "Guitar Hero" franchise. - John Mellencamp, in a Huffington Post article argues th ...

  35. Guitar Hero Adds In-Game Ads

    September 30, 2008 12:00 AM EDT The Guitar Hero franchise will start featuring in-game advertising thanks to a deal between advertising network IGA Worldwide and Activision Blizzard. The in-game ads will appear in the PlayStation3 version of the next installment in the series-&q ...

  36. Guitar Hero Aims at iTunes?

    July 11, 2008 12:00 AM EDT Is the publisher of "Guitar Hero" working on an online music store that could rival Apple's iTunes? In an interview with the Financial Times , Bobby Kotick, chief executive of the recently merged Activision Blizzard, which publishes ...

  37. Vivendi Expects 500,000 Zaoza Subscribers By End ’08

    February 21, 2008 12:00 AM EST Vivendi expects its new Internet music, ringtone and videogames provider Zaoza to attract 500,000 subscribers by the end of the year, the French telecoms and media group said. The portal, which commercially launched yesterday (Feb. 20), offers a s ...

  38. Vivendi Acquires Majority Stake In Activision

    December 03, 2007 12:00 AM EST Vivendi Games finalized a merger with "Guitar Hero III" publisher Activision over the weekend, creating a massive new videogame company called Activision Blizzard. Vivendi will own the majority stake in the newly formed company, which is ...