French telco-media conglom Vivendi posted bullish 2007 results, with revs up 8% to E21.7 billion ($32 billion), aided by a boost in digital music sales at Universal Music Group, increased revs at a post-merger Canal Plus Group paybox and buoyant vidgame results at Vivendi Games.
In line with analysts’ expectations, the company said profits should come in at around $4.1 billion.
UMG increased market share rolling off new titles from Amy Winehouse, Mika and Rihanna as well as the “High School Musical 2” soundtrack. Revs dropped just 1.7% to $7.2 billion, boosted by a 51% increase in digital sales, up to 14% of total revenues.
Canal Plus revs surged 20% to $6.4 billion, driven by its merger with former satcaster rival TPS.
Canal Plus added north of 80,000 premium subs for a year-end 5.3 million, which bodes well for post-merger growth.
But Vivendi’s most extraordinary results came at Vivendi Games, where revs increased 26% to $1.5 billion. Blizzard Entertainment sales rocketed 58% to $1.2 billion thanks to online game franchise “World of Warcraft,” which has 10 million subs — up 20% on the previous year.
French terrestrial broadcaster M6 also announced results Wednesday. Aided by hiked ad revs, total M6 sales rose 5.7% to $2 billion.
M6 digital terrestrial channel W9 performed strongly, ranking with TMC as France’s most popular dedicated digital terrestrial web and taking 14% of all DTT revenues through November.