Vivendi buy out Diller
Vivendi has bought Barry Diller's personal 2.5% stake in its entertainment division, now NBC Universal, while InterActiveCorp continues a court battle over $620 million.…
Vivendi
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Former Vivendi boss still has to wait for his money
Former Vivendi Universal boss Jean Marie Messier has not received his $24 million severance, as the SEC has asked for the funds to be frozen during an investigation.…
Vivendi may restructure after NBC deal, affecting Universal Music
Vivendi chief Jean-Rene Fourtou is reportedly considering splitting the group in two, which could affect Universal Music’s relationship with its sister businesses after the NBC deal.…
Vivendi enters exclusive talks with NBC
Vivendi has entered exclusive negotiations with GE’s NBC over its non-music entertainment assets, after Edgar J Bronfman Jr’s last-minute lobbying failed.…
Vivendi still to pick winning bidder for entertainment assets
Vivendi is expected to meet again to weigh the GE NBC and Edgar J Bronfman Jr bids, with the NBC deal seen as the favourite but negotiations likely to drag on.…
Vivendi chair Jean-Rene Fourtou meets Edgar Bronfman Jr over VUE bid
Vivendi chair Jean-Rene Fourtou has flown to New York to meet Edgar Bronfman Jr about his bid for VUE’s entertainment assets, after Bronfman threatened to pull out.…
Vivendi delays decision on sale of non-music entertainment assets
Vivendi Universal has postponed deciding who will buy its non-music entertainment companies, while Edgar Bronfman Jr reportedly considers pulling out and the GE/NBC bid offers less short-term cash.…
Two bids remain in Vivendi entertainment sell-off
Only General Electric and a consortium led by Edgar Bronfman Jr remain in the race to buy Vivendi's entertainment businesses after Liberty withdrew, with the labels excluded from the sale.…
Liberty Media reportedly withdraws from Vivendi Universal asset auction
Rumours suggest Liberty Media's John Malone has quietly pulled out of the bidding for Vivendi Universal's entertainment assets, leaving NBC as favourite.…
Liberty Media may win Vivendi US entertainment auction after MGM withdraws
MGM has reportedly pulled out of the bidding for Vivendi Universal's US entertainment assets after the price rose to $14bn, leaving Liberty Media as the likely winner.…
FTC rejects Vivendi Universal appeal over Three Tenors price fixing
The FTC has rejected an appeal by Vivendi Universal against a 2002 ruling that PolyGram was guilty of price fixing Three Tenors releases, and Universal Music Group says it will appeal in court.…
MGM makes bid for Vivendi entertainment assets
Studio MGM's bid for Vivendi's entertainment assets reportedly includes $8-9bn in cash and $2-3bn in stock, though it has not bid for the music companies, while MTV owner Viacom is yet to submit.…