Vivendi SA

  1. Vivendi Sells Activision Stake for $8.2 Billion

    July 26, 2013 3:32 PM EDT Vivendi SA is selling most of its majority stake in Activision Blizzard Inc. for $8.2 billion, giving the video game company back its independence as the French conglomerate tries to strengthen its balance sheet. Vivendi said Friday that 429 mi ...

  2. Universal Music's EMI Acquisition Supported by SAG-AFTRA, AFM

    April 18, 2012 7:06 AM EDT LOS ANGELES (AP) -- Universal Music Group has won the qualified support of two North American artists' unions for its proposed $1.9 billion acquisition of the recorded music division of the U.K.'s EMI Group Ltd. The unions gave their con ...

  3. Vevo Earned $150 Million in Revenue Last Year, Says CEO Rio Caraeff

    February 01, 2012 8:04 AM EST DANA POINT, Calif. (AP) - Vevo, the online music video service launched by Universal Music Group and Sony Music Entertainment in late 2009, pulled in $150 million in revenue last year, chief executive Rio Caraeff revealed on Tuesday. The service g ...

  4. Apple's iCloud Could Finally Make Music Pirates Pay

    June 07, 2011 7:48 AM EDT LOS ANGELES - Apple Inc. CEO Steve Jobs on Monday introduced more than just a cloud storage system for songs that fans buy legitimately through iTunes. He unveiled a system that might finally get music lovers to pay for the songs they got through ...

  5. News Corp in Talks With Vevo on Myspace

    March 29, 2011 7:50 AM EDT News Corp has held talks to give control of Myspace to the music label-owned video site Vevo.com, but the likelihood of a deal being reached was slim, a person with knowledge of the talks said. News Corp in February kicked off the process to explo ...

  6. 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 ...

  7. Business Matters: BMG Wants EMI's Back Catalog More Than Its Publishing

    December 20, 2010 12:00 AM EST BMG Covets EMI Group's Back Catalog More Than Its Publishing -- BMG Rights Management is interested in EMI Group's recorded music back catalog rather than its publishing division, BMG Rights CEO Hartwig Masuch told MusicWeek . "Inte ...

  8. Universal Music Group spent $790K lobbying in 3Q

    December 16, 2010 12:00 AM EST Universal Music Group, the major recording company that belongs to Vivendi SA of France, spent $790,000 in the third quarter to lobby the federal government on a bill that would pay performers and labels for songs played over the radio, among othe ...

  9. Bob Marley Family Loses Case Over Hit Records

    September 13, 2010 12:00 AM EDT Bob Marley's family lost a lawsuit seeking the copyrights to several of the late Jamaican reggae singer's best-known recordings. U.S. District Judge Denise Cote in Manhattan said the UMG Recordings unit of Vivendi SA's Universal Mus ...

  10. 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 ...

  11. Former Vivendi Boss Ordered To Stand Trial

    October 22, 2009 12:00 AM EDT Vivendi SA says its former CEO Jean-Marie Messier and other former top executives have been ordered to stand trial on charges of misleading investors while they were transforming the once-stodgy water utility into a high-flying film, music and pay ...

  12. U.S. Regulators Open Probe Into Music Royalties

    August 10, 2009 12:00 AM EDT U.S. regulators have launched an inquiry into whether certain broadcasters are refusing to air the music of artists who demand to be paid when their songs are played on the radio. The Federal Communications Commission reviewed a June petition by a ...

  13. Downloading Case Goes To Jury

    June 18, 2009 12:00 AM EDT A federal jury began deliberations Thursday in the nation's only file-sharing case to go to trial as attorneys for both sides disputed in closing arguments what the evidence actually showed. An attorney for the recording industry, Tim Reynold ...

  14. US Sues Sony Music Over Children's Online Privacy

    December 10, 2008 12:00 AM EST Sony Music Entertainment was sued on Wednesday by the U.S. government, which claimed the music company violated federal rules aimed at protecting the online privacy of children. Sony Music improperly accepted registrations on its music Web sites f ...

  15. Members Of Allman Brothers Sue UMG

    August 11, 2008 12:00 AM EDT Members of The Allman Brothers Band sued UMG Recordings for more than $10 million on Monday over royalties from compact discs sales and digital downloads. The lawsuit seeks payments from the sale of some of the U.S. Southern rock group's song ...

  16. Labels Sue Project Playlist On Copyright

    April 28, 2008 12:00 AM EDT Nine major record labels filed suit against an online music provider on Monday, accusing Project Playlist Inc of a "massive infringement" of their copyrights to the songs of artists such as U2 and Gwen Stefani. Project Playlist enables i ...

  17. 50 Cent, UMG Sued By 14 Year-Old

    April 09, 2008 12:00 AM EDT Hip hop mogul 50 Cent, Universal Music Group and several of its record labels were sued on Wednesday for promoting a "gangsta lifestyle" by a 14-year-old boy who says friends of the rapper assaulted him. The lawsuit filed by James Rosemo ...

  18. Russian Music Download Case Rejected

    August 15, 2007 12:00 AM EDT A Moscow court threw out a case against the former head of music downloading site allofmp3.com and rejected the damages claims made by EMI Group PLC, Universal Music Group and Warner Music Group, a music industry official said Wednesday. Allofmp3. ...

  19. Universal Music CEO Hawkish On Licensing Deals

    January 16, 2007 12:00 AM EST Universal Music Group CEO Doug Morris resents that MTV and other cable music channels built multibillion-dollar businesses around videos given away by record companies anxious to promote their artists. So when he saw his own grandson watching 50 C ...

  20. Australian Court Issues Copyright Ruling

    December 21, 2006 12:00 AM EST Providing Web links to copyright-protected music is enough to make a site legally liable, an Australian court ruled in a case that created legal uncertainty for search engines around the world. The full bench of the Federal Court, the country' ...