Vivendi Universal's nearly yearlong quest to sell its European publishing operations to rival French media and industrial conglom Lagardere was dealt another setback Monday as the European Union…
With just over a week to go before "final" deal terms are due to be delivered to Viv U auctioneer Jean Rene Fourtou, the components of Peacock chief Bob Wright's proposal are looking alluring.
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.