The Lion has left the jungle. MGM announced Tuesday it's exiting the tumultuous auction for Vivendi Universal Entertainment because "the seller's current price expectation would not be consistent…
He may still be hoping to buy back Universal, but Edgar Bronfman Jr. is fast joining ousted chairman Jean-Marie Messier as a villain of the messy Vivendi Universal debacle in the eyes of riled French…
Kirk Kerkorian's MGM has raised its bid for Vivendi Universal Entertainment by $300 million -- to $11.5 billion -- and demanded a reply to its offer by Monday.
Vivendi Universal has begun its pullout from Spain, selling its 45% in distrib Sogepaq back to production, distribution and TV powerhouse Sogecable for 48 million euros ($54.2 million).
First, it was rude French waiters vs. U.S. tourists. Then it was that feuding over Iraq. Now Franco-American tensions are bubbling up again over a new sore spot: Jean-Marie Messier.
Vivendi Universal is doing its best to incite a multi-billion dollar bidding war for its entertainment properties. Following Tuesday's two-hour board meeting in Paris, Viv U took Univeral Music Group…
MGM said Monday it's selling its stakes in three cable webs back to Cablevision for $500 million, a move that could buttress the Lion's bid for Vivendi Universal Entertainment.
Show us the money. That's the message from Jean-Rene Fourtou as Round 2 of the entertainment deal of the decade begins in earnest.
Viacom has told Vivendi that it wants to be considered in the second round of bidding for Universal as a potential buyer of U's two cable networks and, possibly, Universal Television.
Nobody has seen anything like the Vivendi-Universal auction. In the words of Michael J. Wolf, head of McKinsey & Co.'s media and entertainment practice: "It's historically fascinating. At no time in…
Domestic Film DAILY
PROVIDED BY: Box Office
300: Rise of an Empire
300: Rise of an Empire1Daily:$4.2M Cumulative:$53.1M Warner Brothers 8.39%
Mr. Peabody & Sherman
Mr. Peabody & Sherman2Daily:$2.8M Cumulative:$37.2M Fox / DreamWorks Animation 25.59%
Non-Stop3Daily:$1.7M Cumulative:$55.5M Universal Pictures 30.22%