Editis also takes pride in the prestigious literary awards it received during the quarter: l'Accident de chasse (Sonatine) was awarded the "Fauve d'Or", the prize for the best album at the Angoulême International Comics Festival; the "Grand Prix RTL-Lire 2021" has distinguished Des diables et des saints of Jean-Baptiste Andréa (Iconoclaste); The Astrid Lindgren Memorial Award -- the most important prize for children's literature in the world -- was received by Jean-Claude Mourlevat, who writes for Fleuve, PKJ, 12-21 and Lizzie; the "Grand Prix de la Francophonie" was given by the "Académie française" to Alexandre Najjar, published by Plon.
For the first quarter of 2021, Gameloft revenues reached EUR55 million, down 9.3% compared to the first quarter of 2020 due to the lack of new game launches. Sales on OTT (Over The Top) platforms represented 75% of Gameloft's total revenues, driven by the success of Asphalt 9: Legends on mobile phones, PCs and Nintendo Switch, as well as the resilience of the catalog. On April 15, 2021, Gameloft announced that its Asphalt game franchise had reached one billion downloads on all platforms.
For the first quarter of 2021 Vivendi Village's revenues benefited from a strong recovery in ticketing activities in the United Kingdom and the United States in February and March but remained heavily impacted by the pandemic and the near-complete shutdown of live performance activities.
For the first quarter of 2021, New Initiatives, which brings together Dailymotion and the GVA entities, recorded revenues of EUR17 million, up 19.9% at constant currency and perimeter compared to the first quarter of 2020.
Dailymotion's premium audience grew by 9% compared to the first quarter of 2020. This growth was driven by several video content delivery partnerships, including the Vendée Globe (50 million viewers with 2 million hours of content), the 46th César Awards ceremony and the Perseverance (NASA mission) landing on Mars. Dailymotion's programmatic monetization platform continues to grow as Google DV360 opens its buying platform to all Dailymotion inventory.
GVA's revenues increased by 56.3% compared to the first quarter of 2020. In a health context that has increased the need for internet access, this growth reflects the sustained development of the very high-speed internet access business, with more than 500,000 homes and businesses from now eligible for GVA's fibre optics on the African continent.
Universal Music Group BV secures financing
On March 26, 2021, Universal Music Group BV (UMG BV) reached an agreement regarding a five-year, EUR3 billion financing line with four leading banks. The syndication of this financing among a pool of banks is expected to be completed by the end of April 2021. UMG's headquarters in Hilversum, Netherlands, previously located in Paris, now regroup the subsidiaries in the various countries in which UMG operates.
Early redemption by Vivendi of a bond issue
Vivendi, which has significant deposits with banks at negative interest rates, has decided to early redeem in full its outstanding EUR1 billion bonds issued in May 2016, bearing an annual coupon of 0.75% and maturing on May 26, 2021. This early redemption will take place as of April 26, 2021. On March 29, 2021, the holders of the bonds received a formal notice of the early redemption in accordance with the terms and conditions of the bonds.
Slides related to the 2021 first quarter revenues are available on the Group's website https://www.vivendi.com/ in the section titled Shareholders &Investors.
Cautionary Note Regarding Forward-Looking Statements. This press release contains forward-looking statements with respect Vivendi's financial condition, results of operations, business, strategy, plans and outlook, including the impact of certain transactions and the payment of dividends and distributions, as well as share repurchases. Although Vivendi believes that such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance. Actual results may differ materially from the forward-looking statements as a result of a number of risks and uncertainties, many of which are outside our control, including, but not limited to, the risks related to antitrust and other regulatory approvals as well as any other approvals which may be required in connection with certain transactions and the risks described in the documents of the Group filed by Vivendi with the Autorité des marchés financiers (the French securities regulator), which are also available in English on Vivendi's website (www.vivendi.com). Investors and security holders may obtain a free copy of documents filed by Vivendi with the Autorité des marchés financiers at www.amf-france.org, or directly from Vivendi. Accordingly, we caution readers against relying on such forward-looking statements. These forward-looking statements are made as of the date of this press release. Vivendi disclaims any intention or obligation to provide, update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Although the COVID-19 pandemic is having a more significant impact on certain countries or businesses than others, in fiscal year 2020 and in the first quarter of 2021, Vivendi has demonstrated resilience in adapting its activities to continue to best serve and entertain its customers, while reducing costs to preserve its margins. The business activities demonstrated good resilience, in particular music and pay television. However, as expected, the other businesses such as Havas Group and Vivendi Village (in particular live entertainment) were affected by the pandemic's effects.
Vivendi continually monitors the current and potential consequences of the crisis. It is difficult at this time to determine how it will impact Vivendi's results in 2021. Businesses related to live performance have a risk of being more impacted than others. Nevertheless, the Group remains confident in the resilience of its main businesses. It continues to make every effort to ensure the continuity of its activities, as well as to best serve and entertain its customers and audiences while complying with the guidelines of authorities in each country where it operates.
This press release does not constitute an offer to purchase or the solicitation of an offer to sell securities in the United States or any other jurisdiction. The distribution of this press release in certain jurisdictions may be restricted by law. No document regarding this redemption should be transmitted, directly or indirectly, in the United States or in any other country in which such a redemption would be illegal or submitted to restrictions or to anyone residing in these countries. Persons into whose possession this announcement comes are required to inform themselves about, and to observe, any such restrictions. No communication or information relating to the redemption of the Bonds may be distributed to the public in a country where a registration obligation or an approval is required. No action has been or will be taken in any country where such action would be required. The redemption of the Bonds may be subject to specific legal and regulatory restrictions in certain jurisdictions; Vivendi accepts no liability in connection with a breach by any person of such restrictions.
This press release is an advertisement; and none of this press release, any notice or any other document or material made public and/or delivered, or which may be made public and/or delivered to the holders of the Bonds in connection with the redemption is or is intended to be a prospectus for the purposes of Regulation (EU) 2017/1129 of the European Parliament and of the Council dated 14 June 2017 (as amended, the "Prospectus Regulation"). No prospectus will be published in connection with the redemption of the Bonds for the purposes of the Prospectus Regulation.
This press release does not, and shall not, in any circumstances, constitute an offer to the public of securities by Vivendi nor an invitation to the public in connection with any offer in any jurisdiction, including France.
Unsponsored ADRs. Vivendi does not sponsor any American Depositary Receipt (ADR) facility in respect of its shares. Any ADR facility currently in existence is "unsponsored" and has no ties whatsoever to Vivendi. Vivendi disclaims any liability in respect of any such facility.
Since 2014, Vivendi has been focused on building a world-class content, media and communications group. In content creation, Vivendi owns powerful, complementary assets in music (Universal Music Group), movies and series (Canal+ Group), publishing (Editis) and games (Gameloft) which are the most popular forms of entertainment content in the world today. In the distribution market, Vivendi has acquired the Dailymotion platform and repositioned it to create a new digital showcase for its content. The Group has also joined forces with several telecom operators and platforms to maximize the reach of its distribution networks. In communications, through Havas. the Group possesses unique creative expertise in promoting free content and producing short formats, which are increasingly viewed on mobile devices. In addition, through Vivendi Village, the Group explores new forms of business in live entertainment, franchises and ticketing that are complementary to its core activities. Vivendi's various businesses cohesively work together as an integrated industrial group to create greater value.
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