Universal Music owner Vivendi reported a 1.2% rise in fourth quarter revenues yesterday, the boost coming mainly from the conglom's gaming division - with Universal Music itself posting a 1.5% drop in revenues. Fourth quarter revenues for 2006 were 5.55 billion euros, up from 5.48 billion in the same period the previous year. Full year revenues were 20.07 billion Euroes, up 2.9% from the 19.48 billion euros generated in 2005.
Feb 1, 2007
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1 min read
Vivendi revenues increase, mainly helped by gaming
Vivendi reported a 1.2% rise in fourth quarter revenues, driven mainly by its gaming division, while Universal Music revenues fell 1.5%.