Holding companies

  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. 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 ...

  3. 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 ...

  4. Universal Music Group Q1 Revenue Up 9.1%, Credits Madonna, Nicki Minaj, Gotye, Van Halen Releases

    May 15, 2012 4:30 PM EDT Screen shot of Vivendi's First Quarter 2012 Results Apendix III. Universal Music Group revenues increased 9.1% to €961 million ($1.28 billion at the March 31 exchange rate) in the first quarter of 2012 (6.7% at constant currency). Earnings be ...

  5. Exclusive: AGI Acquired By Yucaipa

    January 05, 2012 5:00 AM EST Artist Group International (AGI), the leading independent music booking agency whose clients include Billy Joel, Metallica, Rod Stewart, Linkin Park, Rush, Def Leppard, Rammstein, Motley Crue, Volbeat and Hollywood Undead, has been acquired by the ...

  6. Best Buy's Same-Store Sales Fall Again

    March 24, 2011 8:00 AM EDT Best Buy Co Inc reported its third straight quarter of same-store sales declines on weak demand for televisions and entertainment software in the all-important holiday selling season. The largest U.S. consumer electronics chain said its same-store ...

  7. Universal Music Group Revenue Up In Q3

    November 15, 2010 12:00 AM EST In a time when flat is the new up, Universal Music Group is having a pretty good year. In the third quarter of 2010, the UMG's revenue was up 6% (down 3% at constant currency) to 1.03 billion euros ($1.39 billion). Earnings before interest, t ...

  8. Activision Blizzard Revenue Up 10% In 2010

    November 08, 2010 12:00 AM EST Activision Blizzard posted a strong third quarter and its CEO said it is on track to have its most profitable year. The video game company took in $745 million in the quarter, up 6% from the same period last year. Through the first nine months of ...

  9. Business Matters: Terra Firma, Vivendi, HMV Group and More

    May 14, 2010 12:00 AM EDT -- Reuters reports Terra Firma has given Citigroup a compliance certificate , a notification of its plan to inject additional equity to meet its debt covenant. Terra Firma does not need to hand over the money until June 14. But the specifics on th ...

  10. Guitar Hero CEO Steps Down

    February 02, 2010 12:00 AM EST Dan Rosensweig, CEO of Activision Blizzard's Guitar Hero division has left the company to take the chief executive role at a textbook rental startup firm. Rosensweig assumed the role in March of last year. Since then, music game sales have fa ...

  11. Vivendi Expects 500,000 Zaoza Subscribers By End ’08

    February 21, 2008 12:00 AM EST Vivendi expects its new Internet music, ringtone and videogames provider Zaoza to attract 500,000 subscribers by the end of the year, the French telecoms and media group said. The portal, which commercially launched yesterday (Feb. 20), offers a s ...

  12. France Investigates Warner's Bronfman

    February 08, 2008 12:00 AM EST Warner Music Group Corp chief executive Edgar Bronfman Jr. has been placed under formal investigation by French authorities as part of a probe into insider trading at Vivendi, Warner said on Thursday. Bronfman was formerly a director of Vivendi an ...

  13. Vivendi Acquires Majority Stake In Activision

    December 03, 2007 12:00 AM EST Vivendi Games finalized a merger with "Guitar Hero III" publisher Activision over the weekend, creating a massive new videogame company called Activision Blizzard. Vivendi will own the majority stake in the newly formed company, which is ...

  14. 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 ...

  15. 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 ...

  16. VU Games Acquires Canadian Developer Radical

    March 29, 2005 12:00 AM EST Videogame maker VU Games has acquired independent console developer Radical Entertainment for an undisclosed sum, parent company Vivendi Universal said March 23. PARIS (The Hollywood Reporter) -- Videogame maker VU Games has acquired independent c ...

  17. Major Layoffs Planned At VU Games

    June 22, 2004 12:00 AM EDT N.A. staff to be reduced by 350. Vivendi Universal Games, publisher of such titles as "Crash Bandicoot" and "Warcraft," plans to cut 350 of its 900 North America-based employees. The move marks another another step in VU Games& ...

  18. Major Layoffs Planned At VU Games

    June 22, 2004 12:00 AM EDT N.A. staff to be reduced by 350. Vivendi Universal Games, publisher of such titles as "Crash Bandicoot" and "Warcraft," plans to cut 350 of its 900 North America-based employees. The move marks another another step in VU Games& ...