JaggedSac on 04 November 2008
| gnawkz said: Ok lets take a look at the Audited 2007 Annual Report on page 27 of 117 ... Blizzard had revenues of 814 Million EURO or $1.197 Billion. From that they had a net profit of 345 Million EURO or $507 Million. So the overall net profit margin was around 42.4% for Blizzard in 2007... not bad Ali (though i used the 1 EURO = $1.47 as the conversion metric, calculation is definitely not accurate) http://www.vivendi.com/vivendi/IMG/pdf/20080401_Financial_Report_Year2007.pdf But this does prove one thing. Blizzard is the MOST PROFITABLE Video Game company in the world. Activision only made $377 Million in the same time period ... and EA lost money ... In addition, Activision was BOUGHT by Vivendi with Vivendi owning 52% with the option to own up 68%. Now taking a look at the most recent financial results on page 18 of 60: http://www.vivendi.com/vivendi/IMG/pdf/20080901_Financial_Report_Half_Year.pdf Blizzard had revenues of 378 Million EURO or $597 Million for the 1st 6 months of 2008. From that they earned 185 Million EURO in profit or $292 Million. This is a net margin of 49%. So here we see a huge improvement and Blizzard is making about $5 back from each $10. All in all ... Blizzard has made more money in the last 6 months than the total combined profits of Take 2, THQ, Activision and EA combined for the past 1 and Half Years. So long story short ... there is a reason why Blizzard is #1. Also ... on a side note ... Activision's old CEO is the new CEO of Activision Blizzard, but the Board of Directors (the dudes who can fire the CEO) is of management personnel from Vivendi ... since Vivendi owns Activision Blizzard. |
Yep, monthly fees. Down with the man.
