Vivendi in trouble too?

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Saint_Proverbius
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Vivendi in trouble too?

Post by Saint_Proverbius »

<strong>[ -> N/A]</strong>

Looks like <a href="http://www.vivendiuniversal.com/">Vivendi-Universal</a>, who is now the publisher for <A href="http://www.interplay.com/">Interplay</a> in several parts of the world, has recently had <a href="http://www.salon.com/tech/wire/2002/07/ ... tml">their CEO, Messier, resign</a> due to record low stock prices for the company and a staggering <b>multi-billion dollar</b> debt.<br><br>Also of note is <a href="http://www.msnbc.com/news/775184.asp?0bl=-0">this story</a> on <a href="http://msnbc.com">MSNBC</a> about <a href="http://www.vivendiuniversal.com/">Vivendi</a>'s stock dropping like a rock due to the debt issues:<br><br><blockquote>VIVENDI SHARES nose-dived as investors dumped the stock after the ratings agency downgraded the French media company’s long-term debt and said it was considering further downgrades, citing concerns over Vivendi’s ability to service its debt, its recent acquisitions and its failure to complete sales of certain assets.<br><br>Vivendi shares were temporarily suspended four times on the Paris bourse as the stock hit limit-down thresholds. In early afternoon, the stock was halted until further notice at 15.70, down 34.3%.</blockquote><br><br>So, the question is, if <a href="http://www.vivendiuniversal.com/">Vivendi</a> folds, where does that leave <a href="http://interplay.com/">Interplay</a>?<br><br>Thanks to <b>voodoo1man</b> and <a href="http://bluesnews.com/">Blue's</a> for the words.
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Post by Spooky »

In fact, Vivendi Universal will probably be split in several units (TV, water company, ...). The big question for us gamers is who is going to get Vivendi Universal Publishing - publisher of Interplay in some parts of the world and owner of companies such as Blizzard ...

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Re: Vivendi in trouble too?

Post by OnTheBounce »

Saint_Proverbius wrote:So, the question is, if Vivendi folds, where does that leave Interplay?
My guess would be still in the shitter. Their stock price was at $0.35 yesterday and rallied a whopping $0.01 by market close today.

Does anyone know exactly what the status is on IPLY's delisting from the NASDAQ?

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Saint_Proverbius
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Re: Vivendi in trouble too?

Post by Saint_Proverbius »

OnTheBounce wrote:
Saint_Proverbius wrote:So, the question is, if Vivendi folds, where does that leave Interplay?
My guess would be still in the shitter. Their stock price was at $0.35 yesterday and rallied a whopping $0.01 by market close today.

Does anyone know exactly what the status is on IPLY's delisting from the NASDAQ?

OTB
Yeah, I do. I think I posted news about it here on DAC's front page too. Interplay's gotten a stay of delisting until after IWD2 comes out. Which is kind of funny, since IWD2 keeps getting delayed now. :D
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Post by Walks with the Snails »

Gee, that's too bad. I was hoping we could milk the French taxpayers for a little more game development money before the shell game folded.
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Post by Section8 »

I want all games publishers to fail. They're doing it all wrong and deserve punishment.
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Post by Araanor »

Harsh. ;)

I like the progress Codo Games are doing.
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