The post-Messier Vivendi Universal looks like it will have a decidedly French accent, starting with its troubled pay TV business Canal Plus.
Vivendi Universal's new chairman-CEO Jean-Rene Fourtou wants to unload a handful of Canal Plus assets but hang on to its valuable TV channels and, perhaps, to StudioCanal. Canal Plus' 40% stake in…
The story seems oddly familiar: Foreign-born media baron with voracious appetite for buying companies is driven by a single-minded vision of a seamless global empire of production and distribution…
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Vivendi Universal chief financial officer Guillaume Hannezo was ousted Wednesday and will be replaced by Jacques Espinasse, chief operating officer of Canal Plus' smaller paybox competitor, TPS.
A Vivendi Universal board member on Thursday downplayed the gravity of a probe by French regulators into the beleaguered media giant's accounts, calming jittery investors and helping to lift stock…
Beleaguered media giant Vivendi Universal can buckle down to the serious task of spinning off assets after confirming Wednesday that it had received a 1 billion franc ($988.7 million) cash injection.
French financial regulators are probing the past 17 months of Vivendi Universal's books, as the beleaguered media giant continues to negotiate with banks after securing a $993 million loan Tuesday…
Fallen Vivendi Universal topper Jean-Marie Messier may have exited the entertainment giant without the $18 million golden parachute he was seeking.
Vivendi Universal prexy and chief exec Jean-Marie Messier was officially ousted by the board of the media conglom Wednesday, and Jean-Rene Fourtou was handed the reins during a special meeting at…
Jean-Marie Messier bid Viv U employees adieu in an email Tuesday. In the missive, he also made a concerted plea for preserving a semblance of the trans-Atlantic conglom as it exits today.
What should have been an upbeat day on the stock markets ended up a washout for Vivendi Universal. Though Viv U shares rallied Monday in the wake of the announcement that Jean-Marie Messier was…