Vivendi Fabulous returns

Vivendi Fabulous returns

Fabulous returns

The recent mega-deal in the computer game industry brings to light two details have been waiting for the long insider: $ 1.1 billion revenue, $ 520 million operating profit. These are numbers that can be noisy also muffle games. And it is proof that the industry pushes forward straight into a new dimension.

DUSSELDORF. The French media group Vivendi wants to merge its games division with the U.S. game manufacturer Activision. The new company name - Activision Blizzard - appears on a company that not only inspires millions of free time heroes, but also operating values: Blizzard.

The company was founded in the early 90s in California since 1998 and is part of Vivendi. Today, the name Blizzard is not only for fascinating game worlds, but also for the successful business model that has seen the industry. There are games that have sold better than those of Blizzard. But none earned a single title so much money.

9.3 million Europeans, Americans and Asians regularly play World of Warcraft by Blizzard. Very few titles ever achieve such a distribution - and at a price of 40 to 50 euros comes with this paragraph Ahlen been together a huge sum. But customers of Blizzard have a special advantage: you do not pay just once, but again and again.

Twelve euros per month does a subscription to World of Warcraft in Germany. For this fee, players have access to a seemingly limitless online world where they can fulfill various missions as warriors or wizards. Many players team up together and spend a lot of time in this incredible fantasy world - often several hours per day. World of Warcraft is regarded by many as a second home.

During the Blizzard population of fantasy world like published, has always saved with business details. Only when the deal with Activision Blizzard revealed: The yield is 40 percent. Of the 520 million dollars, operating income, earned the Blizzard 2007, the majority of World of Warcraft is not necessary.

The tremendous success of covetous desires. The film company Warner Bros. took over Monolith Productions, which developed an online game world based on the Matrix trilogy. The biggest computer game manufacturer Electronic Arts, though already strong presence in the online business, also bought the specialists Mythic Entertainment.

But the business of online worlds is at least as difficult as in other games - and much more expensive failure. While the cost of normal tracks at 20 million dollars lying, the budget for an online world easily reached $ 100 million. Players must constantly be supplied with tasks - the fantasy world must not be rigid, but must evolve. With several million people there are always armed and questions - a huge administrative burden. Blizzard has 1700 customer service for World of Warcraft.

Even experienced producers like Electronic Arts are not immune to massive failures. His attempt to Sims Online, based on one of the most successful game series of all time, was one debacle - financial details are in the group rather not.

The size of the potential losses for the mega-deal between Activision and Blizzard parent Vivendi now a good argument as well as the prospects for new money donkey. Common mistakes can be better put away, and no other manufacturer has a comparable Blizzard expertise in the creation and maintenance of online games. If you wanna bl then you will find a lot of information f your Anlagentscheidung. The rest of you so you can get from the GV / Q32012 balance.

Vivendi features a very healthy capital structure and valuable business lines. Concerning the PER 2013 8.5. There are some Gro on board, the dividend is interesting. Unfortunately, Vivendi is getting deported to the phone division, although it is more of a media conglomerate with various investments. Vivendi is internationally well positioned with GVT in Brazil Telecom Marocco Africa. The fair value of Vivendi, you can probably start with about 25th Certainly, the undervaluation of Vivendi is also partly due to the poor performance of the CAC 40 in recent years. There are also other french companies that are currently much too g.

Vivendi has a high debt to equity, but are working on it and repelled by certain companies will reduce long-term debt. This proposal which presented and approved by Vivendi Supervisory Board at its meeting held on February 22, 2013.