New York firm KKR makes $50.8bn takeover offer for Vivendi
Private equity firm Kohlberg Kravis Roberts reportedly offered $50.8 billion for Vivendi, owner of Universal Music Group, though talks faltered over French tax status.…
Vivendi
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IMPALA oppose Universal's BMG Publishing purchase
IMPALA says it hopes the European Commission will block Universal's acquisition of BMG Music Publishing, arguing it would further reduce competition.…
Universal to acquire BMG Publishing
Universal Music Group is reportedly set to acquire Bertelsmann's BMG Music Publishing for over US$2 billion, subject to regulator approval.…
Vivendi favourite to acquire BMG Publishing
According to the Financial Times, Vivendi is the favourite to buy Bertelsmann's BMG Music Publishing, with Warner and BC Partners also among the final five bidders.…
IMPALA to oppose any EMI Warner merger
The independent music trade body IMPALA says it will forcefully oppose any EMI and Warner merger, with independent label executives voicing concern over market concentration.…
Universal Music still looking healthy
Universal Music Group's first quarter earnings rose 136% to 90 million euros, helped by digital sales, publishing growth and a 50 million cash deposit recovered from its TVT lawsuit.…
Vivendi drop the Universal
Vivendi Universal is renamed Vivendi, fulfilling a 2004 commitment to NBC, while the Universal Music Group keeps the Universal name until 2029.…
Universal Music Group aids Vivendi recovery
Vivendi reports group earnings of E2.08 billion, with Universal Music Group profits up 18.8% to E480 million in 2005, helping the parent company's financial recovery.…
Universal Music reports 14% revenue growth in first quarter
Universal Music Group reported first-quarter revenues of 1.038 billion euros, up 14%, with digital sales growing and Vivendi's chairman affirming its commitment.…
Universal Music revenue expected to pass $1 billion
Universal Music Group is reportedly set to announce earnings above $1 billion this week, becoming the first music group to pass the billion-a-year benchmark.…
Dimensional Associates buys DreamWorks music publishing business
New York venture capital firm Dimensional Associates has bought DreamWorks' music publishing company in a reported $50 million deal.…
Universal Music helps Vivendi improve performance
Universal Music's sales rose 2%, helping parent Vivendi cut its overall sales decline to 12%, with Keane, Scissor Sisters and Diana Krall driving growth.…