General Electric

  1. Universal Music Earnings Dip In First Nine Months

    November 13, 2012 4:22 PM EST Universal Music Group posted a 2.5% decline in earnings before interest taxes and amortization in the first nine months of 2012 compared with a year ago, according to results posted by its French conglomerate parent Vivendi on Tuesday. The world&# ...

  2. Bertelsmann CEO Thomas Rabe on BMG Rights Mgm't, EMI Acquisitions, Getting Back Into the Record Biz

    August 31, 2012 2:15 PM EDT Thomas Rabe, CEO of Bertelsmann, doesn't discount the idea of his company getting back into the record business. BERLIN - Bertelsmann, Europe's largest media group, which controls European broadcaster RTL Group and production powerhouse ...

  3. Vivendi Names Canal+ Chairman Bertrand Meheut To Lead Content Business Review

    August 20, 2012 4:39 PM EDT LONDON - Vivendi said Monday that Canal+ chairman Bertrand Meheut will play a key role in its strategic review, which is expected to lead to the sale of at least some of its businesses. The French entertainment and telecom conglomerate's supe ...

  4. Universal Music's Lucian Grainge Proposes 'Manifesto For New Music Industry'

    July 10, 2012 6:53 PM EDT Lucian Grainge has plans to sell assets, invest heavily in A&R, and keep EMI as intact as possible while trying to gain approval for Universal Music Group's proposed acquisition of EMI's recorded music division in both the U.S. and E ...

  5. Vivendi Committed to UMG's EMI Purchase, Selling Activision (Report)

    July 02, 2012 9:13 AM EDT Whatever the politics within Vivendi that led to the departure of CEO Jean-Bernard Lévy, the company's senior management team still stands behind Universal Music Group and its planned acquisition of EMI, according to an e-mail UMG chairman an ...

  6. Vivendi CEO Jean-Bernard Levy Steps Down

    June 28, 2012 4:22 PM EDT French entertainment group Vivendi says its chief executive is stepping down because of a difference of opinion about the direction of the company. Universal Music Parent Vivendi Ordered to Pay $956 Million in Liberty Media Suit The Paris-based co ...

  7. Mun2 Taps Regional Larry Hernandez, Chiquis Rivera For New Slate Of Realty Programming

    April 17, 2012 7:05 PM EDT Executives from bilingual cable network mun2 unveiled a new slate of reality programming that includes shows about regional Mexican crooner Larry Hernandez, singer Jenni Rivera's daughter, Chiquis Rivera, and a weekly magazine series featurin ...

  8. Bertlesmann Announces Expansion In 2012

    March 30, 2012 9:58 AM EDT BERLIN- The Bertelsmann Media Group is planning further investments in the global music market in the coming year, according to Bertlesmann CEO Thomas Rabe who spoke at the company's annual press conference in Berlin on Wednesday. "Our p ...

  9. Entertainment Merger and Acquisition Activity to Pick Up in 2012 (Report)

    January 24, 2012 7:54 AM EST When you strip out value related to the gigantic marriage of Comcast and NBCUniversal, merger and acquisition activity fell slightly in the entertainment and media industries in the U.S., but it should pick up in 2012. According to a Pricewaterhou ...

  10. EMI Publishing Goes to Sony, Label to Universal

    November 11, 2011 10:34 AM EST In yet another surprise during a week of head-spinning rumors and negotiations , Citigroup this morning announced the completion of the sale of EMI's recorded-music operation to Vivendi/Universal Music Group, ahead of its pending announcement ...

  11. Jenni Rivera Signs Production Deal With mun2

    November 07, 2011 8:31 PM EST Regional Mexican singer Jenni Rivera has signed a lucrative long-term, cross-platform production deal with bilingual music cable network mun2 that will have the entertainer and her family at the center of a slate of programs including the second s ...

  12. Billboard's Women In Music 2011: Diana Mogollon

    October 01, 2011 12:00 AM EDT No. 28 Diana Mogollón GM, mun2 Website: holamun2.com Twitter: @mun2 Cable network mun2 is a pioneer in bilingual, youth-oriented broadcasting. Since taking over as its GM in July 2010, Diana Mogollón has raised its profile and extended its reach. ...

  13. Billboard's Women In Music 2011: Melissa Lonner

    October 01, 2011 12:00 AM EDT No. 10 Melissa Lonner NBC News senior entertainment producer, NBCUniversal Website: today.msnbc.msn.com Twitter: @Studio1AMelissa After six-plus years as the music maven at NBC's "Today," Melissa Lonner still gets a rush when she ta ...

  14. Emilio Romano Named President of Telemundo

    September 21, 2011 12:56 PM EDT NBCUniversal has appointed Emilio Romano, a veteran of media and major non-media companies, as president of Telemundo. Romano, who from 2004 to 2007 was CEO of Grupo Mexicana de Aviación, will head the network's 14 owned stations, including i ...

  15. Disney is 2010's Top Licensor With $28.6 Billion in Retail Sales

    May 18, 2011 7:18 AM EDT NEW YORK - The Walt Disney Co.'s Disney Consumer Products unit once again ranked as the top licensor in the world in 2010 with $28.6 billion in retail sales of licensed merchandise worldwide, according to an annual ranking by License! Global ...

  16. Bertelsmann on Mergers and Acquisitions Path In 2011

    March 29, 2011 8:01 AM EDT Europe's biggest media group Bertelsmann BERT.UL said it had the financial muscle to look at acquisitions again after reducing its debt, and would look at Warner Music Group (WMG.N) and possibly EMI. Bertelsmann, which launched its biggest-ev ...

  17. How Citigroup Outfoxed Guy Hands In Its Takeover Of EMI

    February 03, 2011 2:15 PM EST While press reports on Citigroup's takeover of EMI are rife with phrases about how the bank "seized control" (New York Post) in a "surprise move" (Los Angeles Times) that apparently caught Terra Firma chairman Guy Hands of ...

  18. Edgar Bronfman Jr., Warner Music Group CEO, Found Guilty of Insider Trading by French Court

    January 21, 2011 12:00 AM EST A French court, in a surprise ruling, on Friday convicted and fined Warner Music Group chairman and CEO Edgar Bronfman Jr. for insider trading and former high-flying Vivendi CEO Jean-Marie Messier for misusing company funds and misleading investor ...

  19. FCC Chairman Seeks Conditions on Comcast-NBC Universal Deal

    December 23, 2010 12:00 AM EST The head of the Federal Communications Commission is laying out regulatory conditions to ensure that cable giant Comcast Corp. cannot stifle video competition once it takes control of NBC Universal. The conditions are intended to guarantee that bo ...

  20. Comcast/NBC Universal Deal Delayed, Still Awaiting FCC & DOJ Approval

    December 22, 2010 12:00 AM EST Comcast Corp's NBC Universal purchase will be delayed until at least next month, with federal regulators taking longer than the companies had hoped to sort through the deal. NBC Universal Chief Executive Jeff Zucker, who will leave the compan ...

  21. Business Matters: Vivendi, Stock Watch, Seeqpod

    August 31, 2010 12:00 AM EDT Opinion and analysis of the day's music business news. VIVENDI MERGER? -- Canal Plus, the cable division of media giant Vivendi, may merge with France Telecom subsidiary Orange, according to reports in France. A merger would end competition b ...

  22. Business Matters: Lady Gaga, SeatGeek, Ke$ha and More

    March 25, 2010 12:00 AM EDT -- Lady Gaga 's videos three main videos ("Poker Face," "Bad Romance" and "Just Dance") have surpassed 1 billion views worldwide, according to Visible Measures figures posted at TechCrunch. Soulja Boy's &quo ...

  23. Vivendi Faces Damages, To Appeal U.S. Jury Verdict

    February 01, 2010 12:00 AM EST French media company Vivendi SA is liable for potentially billions of dollars in damages because it misled investors about its financial condition before a $46 billion merger nearly 10 years ago, a U.S. jury found. The Manhattan federal court jury ...

  24. Bertelsmann Operating Income Up, Revenues Down

    November 11, 2009 12:00 AM EST Germany's Bertelsmann media group improved its operating EBIT income by 14% year-on-year to €284 million ($426.5 million), up from €249 million ($373.9 million), in the third quarter of 2009. This improved result at the Gütersloh-based group ...

  25. Bertelsmann Reports Q1 Loss

    May 12, 2009 12:00 AM EDT Bertelsmann, the international media group, has reported a decline in revenues and earnings as well as a €78 million ($106.3 million) loss in the first quarter of 2009. Revenues from continuing operations totaled €3.5 billion ($4.8 billion) for th ...

  26. Bertelsmann Execs Waive Bonuses

    March 24, 2009 12:00 AM EDT Bertelsmann recorded a solid business performance in 2008, according to chairman and CEO Hartmut Ostrowski, who announced the results in Berlin. At the press conference today (March 24), Ostrowski said that as the German media company expects the ...

  27. Bertelsmann Triples Profit

    November 11, 2008 12:00 AM EST Bertelsmann AG, the Germany media company, has reported figures for the first nine months of 2008 including a tripling of its net profits to €387 million ($493 million). The figure to the end of September was up 193% from €132 million ($168 millio ...

  28. Vivendi Sees Music Biz Hitting Digital Stride

    September 17, 2008 12:00 AM EDT Vivendi expects the music business could finally hit its digital growth stride, and Universal Music Group will shine, Jean-Bernard Levy, chairman of the management board and CEO, said Wednesday. "I think we are close to the turning point,&quo ...

  29. Handleman Reaches Agreement With Lenders

    May 15, 2008 12:00 AM EDT The Handleman company has reached an agreement with its lenders that may give the company some breathing room. In advance of its previous May 31 deadline that could have found the Troy, Mich.-based rackjobber in default of its loan, Handleman has ...

  30. Bertelsmann Execs Undecided On Sony BMG Fate

    March 18, 2008 12:00 AM EDT "There are no specific plans to sell our share in Sony BMG." That was the response given by Bertelsmann CFO Thomas Rabe who, together with his colleague Hartmuth Ostrowski, the German media giant's CEO, spoke with Billboard.biz toda ...

  31. mun2 Extends Reach Via Comcast

    March 03, 2008 12:00 AM EST Bilingual entertainment cable channel mun2 will grow its reach from 17 million to 24 million subscribers next month through a long-term carriage agreement with Comcast. Comcast will begin carrying mun2 on its most widely-available tier of digital ...

  32. Zel To Exit Telemundo

    October 16, 2007 12:00 AM EDT Telemundo senior executive VP for strategy Antoinette Zel is leaving the company, the network confirmed. Her contract ends Nov. 15. A Telemundo spokeswoman said the decision not to renew Zel's contract was mutual, and that she is "pursui ...

  33. Carro Rises At Bertelsmann's Direct Group

    September 03, 2007 12:00 AM EDT Bertelsmann has appointed Fernando Carro as CEO of its Direct Group as part of a reorganization of the division, which comprises book clubs, music clubs and e-commerce. Carro, who has held executive positions at Direct Group -- including MD at the ...

  34. Vivendi H1 Profit Up 10.6%, UMG Earnings Down

    August 31, 2007 12:00 AM EDT French media and telecoms conglomerate Vivendi on Friday posted first-half underlying earnings of 2.6 billion euros ($3.55 billion), up 10.6% compared with the same period last year. It reiterated that it expected full-year adjusted net profit of ...

  35. mun2 Rolls Out New Programming

    May 16, 2007 12:00 AM EDT Bilingual entertainment cable channel mun2 is rolling out three new shows for its Latino youth audience, and its parent network Telemundo announced new concert specials, as part of their upfront presentations in New York this week. In addition to ...

  36. Bertelsmann Takes Hit From Napster Lawsuits

    May 15, 2007 12:00 AM EDT Bertelsmann posted a first-quarter net loss as the German media giant felt the fallout over its support of the former Napster P2P service. The Guetersloh-based firm lost €117 million ($159 million) in first period, vs a profit of €60 million ($80 ...

  37. Vivendi Posts Solid Sales; UMG Revenue Rises Slightly

    March 07, 2007 12:00 AM EST French media and telecom group Vivendi posted on Wednesday an 18% rise in adjusted full-year net profit, as its Universal Music Group division reported revenues up slightly. The parent group made a full-year net adjusted profit of €2.614 billion ( ...

  38. YOUR OTHER TUBE

    October 28, 2006 12:00 AM EDT Music video's ongoing transformation from promotional money loser to commercial money maker took another step forward with Google's recent acquisition of YouTube for $1.6 billion. Ahead of the deal, U Music video's ongoing transform ...

  39. IMF Inks Deal With New NBC Video Venture

    September 12, 2006 12:00 AM EDT B2B service to carry IMF programming. The International Music Feed has signed a content deal with the newly launched nbbc, NBC Universal's digital B2B marketplace. Under the deal, nbbc will now carry IMF videos and programming, including spec ...

  40. Bertelsmann 1H Profit Rises

    September 06, 2006 12:00 AM EDT Company plans to rein in investment. German media company Bertelsmann AG reported an 8.5 percent in first-half net profit Wednesday (Sept. 6) and said it would rein in investment following a period of acquisitions. The results came as Bertelsmann ...

  41. Vivendi Seals BMG Publishing Purchase

    September 06, 2006 12:00 AM EDT Vivendi's Universal Music is vaulting to the top spot in music publishing after agreeing to buy BMG Music Publishing for €1.63 billion ($2.1 billion). Vivendi's Universal Music is vaulting to the top spot in music publishing af ...

  42. Vivendi To Buy BMG Music Publishing

    September 05, 2006 12:00 AM EDT Vivendi will close a deal to buy BMG Music Publishing from German media giant Bertelsmann tomorrow afternoon in Paris for €1.63 billion ($2.05 billion), Billboard.biz has learned. Vivendi is th Vivendi will close a deal to buy BMG Music ...

  43. Bertelsmann Completes GBL Buyback

    July 04, 2006 12:00 AM EDT German media giant Bertelsmann AG said today (July 4) that it has finalized its ($5.7 billion) buyback of Groupe Bruxelles Lambert's 25.1% stake. German media giant Bertelsmann AG said today (July 4) that it has finalized its ($5.7 billion) b ...

  44. Bertelsmann To Sell BMG Music Publishing

    May 25, 2006 12:00 AM EDT Bertelsmann has decided to sell its BMG Music Publishing division to help prevent a minority shareholder from taking its shares public. Bertelsmann has decided to sell its BMG Music Publishing division to help prevent a minority shareholder from t ...

  45. Bertelsmann To Sell BMG Music Publishing

    May 25, 2006 12:00 AM EDT Bertelsmann has decided to sell its BMG Music Publishing division to help prevent a minority shareholder from taking its shares public. Bertelsmann has decided to sell its BMG Music Publishing division to help prevent a minority shareholder from t ...

  46. Bertelsmann Would Buy Out GBL At 'Reasonable Price'

    May 22, 2006 12:00 AM EDT German media giant Bertelsmann AG has said it is prepared to buy back the 25.1% stake owned by Groupe Bruxelles Lambert at a "reasonable price." German media giant Bertelsmann AG has said it is prepared to buy back the 25.1% stake owned ...

  47. Vivendi Drops 'Universal'

    April 21, 2006 12:00 AM EDT French media, telecom giant voted to change name. The French media and telecom giant Vivendi Universal has voted to drop the word Universal from its name. The company will be now known as Vivendi. It had to jettison the Universal moniker as part o ...

  48. UMG Profits Boost Vivendi Universal Results

    March 01, 2006 12:00 AM EST French media group offers dividend Universal Music Group made a significant contribution to parent company's Vivendi Universal's financial results for 2005. UMG's earnings from operations increased to €480 million ($570 million), up ...

  49. UMG Profits Boost Vivendi Universal Results

    March 01, 2006 12:00 AM EST Universal Music Group made a significant contribution to parent company's Vivendi Universal's financial results for 2005. UMG's earnings from operations increased to €480 million ($570 million) Universal Music Group made ...

  50. Vivendi Universal Buys Out Matsushita

    February 02, 2006 12:00 AM EST Universal Music Group parent Vivendi Universal today (Feb. 2) said that it will acquire from Matsushita the 7.66% share it owns of Universal Studios Holding I Corp. The deal is valued at $1.154 billio Universal Music Group parent Vivendi Universal ...

Pages