The long-awaited merger of Italy's debt-ridden pay TV channels Telepiu, owned by Vivendi Universal, and News Corp.'s Stream was finally sealed Wednesday.
Vivendi Universal topper Jean-Marie Messier and USA Networks chief Barry Diller were all smiles Monday as they spoke loftily of synergies and benefits from their $10.3 billion plan to bring most…
Vivendi Universal's Canal Plus Group wants to merge loss-making MultiThematiques, which owns and produces theme channels in Europe, with U's theme channels.
French media and services giant Vivendi posted upbeat results for 1998 with profits rising 36% while revenues increased by only 25%. Speaking at a press conference Thursday, Vivendi prexy Jean-Marie…