Vivendi chief on CDs, interoperability and Morris
Vivendi CEO Jean-Bernard Levy told MIDEM the CD will remain important, the music business is not for sale, and Doug Morris has no plans to retire.…
Vivendi
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Vivendi profits down
Vivendi has reported its first profit decline in seven quarters, blaming falling CD sales at Universal Music and a weak dollar, with Universal profits down 17%.…
New York politician calls on state to withdraw Universal investment
Brooklyn assemblyman Hakeem Jeffries has urged New York's pension fund comptroller to withdraw its investment in Vivendi over Nas's planned album titled 'Nigger'.…
Vivendi chief criticises iTunes revenue split and pricing
Vivendi chief Jean-Barnard Levy has publicly criticised Apple's iTunes revenue split and its resistance to variable pricing, though he stopped short of threatening to leave the platform.…
MIDEM confirms Vivendi chief as keynote speaker
Vivendi chief Jean-Bernard Levy will keynote MidemNet 2008, discussing Universal Music's new business models, the convention running 27-31 January in Cannes.…
Universal Music Group half-year profits good but down
Universal Music Group posted half-year earnings of 220 million euros before interest and tax, down 75 million, while digital revenues rose 50%.…
NBC Universal ends iTunes film and TV contract
NBC Universal is not renewing its contract to sell films and TV shows via iTunes, wanting more influence over pricing and bundling, the New York Times reports.…
Vivendi post massive profits
Universal Music parent Vivendi posted an adjusted net profit of 2.61 billion euros, its best ever results, and is reportedly looking to acquire telecom and entertainment firms.…
Warner chief talks up mobile
Warner Music chief Edgar Bronfman Jr told the 3GSM conference that wireless companies will become the most important distributors of music.…
Vivendi revenues increase, mainly helped by gaming
Vivendi reported a 1.2% rise in fourth quarter revenues, driven mainly by its gaming division, while Universal Music revenues fell 1.5%.…
Universal Music revenues down on third quarter
Universal Music third-quarter revenues fell 2.1% year on year, despite digital revenues rising 88%, with parent Vivendi's revenues up slightly.…
Universal formally asks EC approval for BMG Publishing deal
Vivendi has formally asked the European Commission to approve its takeover of BMG Music Publishing, which IMPALA has said it will oppose.…