Vivendi Universal and Canal Plus sold their hemorrhaging Italian pay TV platform Telepiu to Rupert Murdoch's News Corp. on Saturday in a transaction worth $1.4 billion.
Shares of Vivendi Universal rebounded Friday after taking a drubbing a day earlier as investors worried that a midweek executive meeting produced few concrete plans for reducing the French media…
Et Tu, Edgar? Last December, Edgar Bronfman, Jr. appeared to wash his hands of Vivendi Universal and its glibly efficient CEO Jean-Marie Messier, ankling his post as vice chair one year after…
Shares in Vivendi Universal plunged 5.5% a day after French media conglom's board staged a daylong meeting to hash out management and debt woes.
Rupert Murdoch's News Corp. confirmed Thursday that it is in talks with Vivendi Universal to buy out Viv U's Italian paybox Telepiu.
They didn't grease up a guillotine, but Jean-Marie was fitted for handcuffs. Against a backdrop of speculation of a palace revolt, embattled Vivendi Universal chief Jean-Marie Messier remained firmly…
Vivendi Universal's five American board members -- Edgar Bronfman Sr., Charles Bronfman, Edgar Bronfman Jr., Marie-Josee Kravis and Electronic Data Systems board prexy Richard Brown -- have been the…
Investors Stateside in Vivendi Universal may be popping champagne corks later this week as the showbiz conglom seems close to cutting ties with the water utility and waste management business.
The future of Vivendi Universal is an open question on both sides of the Atlantic as the board plans to meet in New York next week and powerful figures in France send CEO Jean-Marie Messier veiled…
Barry Diller came out strongly in defense of Vivendi Universal chief Jean-Marie Messier Friday as well as the anemic performance of his French partner's stock.
In a series of moves designed to solidify the recent management changes at Vivendi Universal, shareholders of Canal Plus voted Friday to remove Pierre Lescure as chairman of the French paybox.
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