Will Universal pay Lyor Cohen's share of TVT damages?
Universal Music says it is too premature to say whether it will pay Island Def Jam boss Lyor Cohen's share of the $132m TVT damages.…
Vivendi
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MGM still bidding for Vivendi Universal assets
Vivendi has reportedly complied with MGM's demand for financial data, as MGM weighs raising its offer for Vivendi's non-music entertainment businesses.…
Malone nonchalant about Vivendi bid
Liberty Media boss John Malone is reportedly downplaying his interest in buying Vivendi Universal's entertainment assets, with a rival General Electric/NBC bid also in play.…
Vivendi shuts MP3.com
Vivendi Universal is closing the European arm of MP3.com on 8 August with around 20 redundancies, and its US arm is up for sale.…
Bank supports Vivendi
Investment bank Morgan Stanley has raised its rating of Vivendi Universal from underweight to equal-weight, citing demand for its US entertainment assets.…
Jean-Marie Messier wins £14.25m severance pay claim against Vivendi Universal
Former Vivendi Universal boss Jean-Marie Messier has won an arbitration ruling ordering £14.25m in severance pay, though Vivendi plans to appeal.…
Vivendi bids include Universal Music labels as sale talks continue
Several bidders for Vivendi's entertainment businesses include its record labels, which would push the price above its £7bn debt, with a sale hoped for by August.…
MGM bid for Vivendi channels alone
MGM approached Viacom about a joint bid for Vivendi's US entertainment assets, but Viacom is interested only in Vivendi's TV networks, so MGM is seeking private investors.…
P Diddy on Universal deal
Sean 'P Diddy' Combs has spoken about his deal with Universal Music, under which Universal will market and distribute all Bad Boy Entertainment releases.…
Tensions at top of Universal
Tensions are reported between Vivendi Universal CEO Jean-Rene Fourtou and Barry Diller over payments tied to a possible sale of Universal's entertainment assets.…
Universal under new US criminal investigation
The New York attorney's office has launched a criminal investigation into Vivendi Universal, parent of Universal Music, which says it will cooperate fully.…
Wall Street Journal blames Vivendi's problems on Messier's deal-making
A Wall Street Journal report accuses former Vivendi chief Jean-Marie Messier of uncontrolled deal-making and billions spent on share buybacks, and says further asset sales including music units are not ruled out.…