Lagardere Studios 
Universal Music Group 
Vivendi 
PARIS-- Arnaud de Puyfontaine, the CEO of Vivendi, has been appointed executive chairman of Telecom Italia at the company’s board meeting on Thursday. Vivendi, which is now Telecom Italia’s largest shareholder with a 24-percent stake, "intends to pursue a long term-policy focused on development in content convergence," stated the French conglom which is owned by Brittany-born billionaire Vincent Bolloré (pictured above with De Puyfontaine). The appointment comes two days after the European Commission allowed Vivendi to gain de facto control...
Vivendi
Arnaud
de
Puyfontaine
Chairman, Management Board / CEO
De Puyfontaine, considered the right-hand man to Vivendi boss Vincent Bolloré, has been able to keep the company’s revenue afloat during the pandemic and completed the acquisition of a majority stake in Lagardere, the French media, publishing and travel retail conglomerate, and Prisma Media, a leading publishing group in France. Vivendi saw its revenues climb by 11.9% to €8.2 billion during the first six months of 2021, driven by the growth of Universal Music Group (UMG), pay-TV banner Canal+ Group and ad outfit Havas Group, over which de Puyfontaine presides. He also spearheaded the listing of Universal Music Group on the Euronext Amsterdam stock exchange after selling 20% of the company to a consortium headed by Tencent and a further 10% to U.S. hedge fund billionaire William Ackman.
