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1

Economic Indicators

Investments in Content

2014

2013

10,089

10,252

Revenues by geographic area

(December 31 – in millions of euros)

2014

2013

France

4,482

4,491

Rest of Europe

2,505

2,462

USA

1,748

1,883

Rest of the world

1,354

1,416

Total

10,089

10,252

1.2. Investments in Content

Gross investments in content

(in millions of euros)

GRI

UNGC

OECD

G4-DMA EC Economic performance

aspect, G4-EC1

1, 2

IV

2014

2013

Consolidated data

2,333

2,435

C+G

1,740

1,783

UMG

570

625

Watchever

23

27

Gross investments in content represent the films, television and sports

rights paid by Canal+ Group, advances paid by UMG to artists, as well as

the investments in content realized by Vivendi Village’s entity Watchever

which is developing in the online video segment.

Given Vivendi’s shift in focus to media and content, a decision was

made to stop disclosing industrial investments in this Handbook, as this

indicator is no longer relevant after the disposal of the telecommunication

subsidiaries (Maroc Telecom group, SFR and GVT). To keep track of

Vivendi’s industrial investments, please refer to the Annual Report 2014

(Chapter 1 Section 1.6, Section 3 of the Financial Report and Notes 2

and 25 to the Consolidated Financial Statements).

1.3. Impact and Audience

Number of subscriptions in Canal+ Group

(thousands)

GRI

UNGC

OECD

G4-6, G4-8, G4-DMA EC

Market presence aspect

-

-

2014

2013

C+G

15,349

14,671

This indicator does not apply to UMG. As of December 31, 2014, are

measured in this indicator Canal+ Group’s pay-TV subscribers around the

world (France, Overseas, Africa, Vietnam and Poland).

The impact of UMG is reflected by the global market share held by

the group. With a diverse range of labels in the major music markets

and direct representation in approximately 60 countries across the

globe, UMG has a global market share of more than 30% and holds

market-leading positions in most of the world’s major music markets,

including the United States, the United Kingdom, France and Germany.

05

Non-Financial Indicators Handbook 2014