Vivendi

  1. Vivendi’s New Chairman Touts Focus on Universal Music, as Grainge Looks On

    June 24, 2014 1:44 PM EDT New Vivendi chairman Vincent Bollore, the French billionaire who owns a 5 percent stake in the conglomerate, on Tuesday signaled his hope for improved cooperation and synergy across the company's operations. Bollore spoke at Vivendi's an ...

  2. The Future of Interscope: Iovine Is Gone, But It's Still Full Steam Ahead

    June 06, 2014 4:12 PM EDT Jimmy Iovine’s gone. But the label he helped build isn’t missing a beat. A version of this article first appeared in the June 14th issue of Billboard Magazine . Your company is losing one of the biggest names in the business, a genuine titan who ...

  3. Sprint and T-Mobile Much Closer to $32 Billion Merger (Report)

    June 05, 2014 2:42 PM EDT Sprint and T-Mobile are set to announce a $32 billion merger sometime this summer, the New York Times is reporting . The Times says the talks are ongoing and could still fall through, but if finalized would see Sprint acquiring T-Mobile for a 40% ...

  4. Biz Stock Ticks: This Week's Entertainment Indices 3/17-3/21

    March 21, 2014 3:54 PM EDT Biz Related News:   Apple Mulls Launching Spotify Rival, Android App as Downloads Decline (Sources)       Biz Related News:           Biz Related News:           Biz Related News: Google, Viacom Settle YouTube Copyright Lawsuit       Biz Related N ...

  5. Vivendi's CanalPlus Acquires Majority Stake in YouTube Network Studio Bagel

    March 03, 2014 10:16 AM EST French pay TV giant CanalPlus, owned by Vivendi, is adding online producer and YouTube network operator Studio Bagel to its portfolio. UMG's Digital Sales Outpace Physical as New Vivendi Content Head Outlines Priorities After announcing the l ...

  6. UMG's Digital Sales Outpace Physical as New Vivendi Content Head Outlines Priorities

    February 25, 2014 4:41 AM EST Vivendi's new head of media and content businesses on Tuesday outlined some of his early priorities after the French entertainment and telecom conglomerate's latest earnings report. The company, which owns Universal Music Group, Canal Pl ...

  7. 2014 Midemlab Winners Announced

    February 03, 2014 1:52 PM EST Interactive software that transforms body movement into song and a Spotify DJ app were among the winners of Midem 2014’s prestigious competition strands.   Announced on day three of the Cannes-held music conference, which commenced Feb. 1 and wrap ...

  8. Midem Announces Finalists for Annual Midemlab Competition

    January 02, 2014 11:33 AM EST Midemlab, the think-tank competition of startup ideas in the digital music space, which takes place as part of the annual Midem music business conference in Cannes, France, has announced its list of finalists, thirty in all, across three categorie ...

  9. The Music Biz in 2013: In Flux, Disruptors Disrupted

    January 01, 2014 8:28 AM EST The week before Christmas, pondering a year-end music business essay, a litany of major stories jumped to mind, including: the Twitter and SFX IPOs; Sony and Vivendi investors’ calling for entertainment spin-offs; Live Nation’s record revenues ...

  10. The Overall Good Year in Music Stocks

    December 12, 2013 5:06 PM EST It was a good year for the stock market. While NASDAQ went up 32.85%, the Dow Jones rose by 19.6%, and S&P 500 climbed 24.76%, Billboard's 10 music-related stocks grew by an average of 82.31% over the course of 2013.  The six most music-s ...

  11. Vivendi Analysts See Stock Upside for Split Media, Telecom Businesses

    November 27, 2013 12:55 PM EST Analysts on Wednesday lauded Vivendi's decision to move ahead with a split that would separate the company's media and telecom businesses. Late Tuesday, the French conglomerate had announced that its board would seek shareholder approval ...

  12. Morning Fix: AEG Live's Outgoing CEO Randy Phillips: 'It's Just a Job'; Quello Comes to PS3; AMAs Dominate Twitter Traffic

    November 27, 2013 8:34 AM EST Get the Morning Fix Delivered To Your Inbox HERE AEG LIVE'S OUTGOING CEO RANDY PHILLIPS: 'IT'S JUST A JOB' Randy Phillips, ousted yesterday as president/CEO of AEG Live, the concert promotion arm of Anschutz Entertainment Group ...

  13. Vivendi To Go Forward with Demerger of Media, Telecom Divisions

    November 26, 2013 12:04 PM EST French conglomerate Vivendi and its telecommunications arm SFR are splitting into two companies, it was announced today after an analysis of the move began in early September . The demerger will be the centerpiece of Vivendi's annual sharehol ...

  14. Lucian Grainge to Receive President's Merit Award at Pre-Grammy Gala

    November 21, 2013 11:29 AM EST Lucian Grainge, Universal Music Group chairman and CEO and the man at the top of Billboard's Power 100 this year, will receive the President's Merit Award, presented by Clive Davis and the Recording Academy, during its Pre-Grammy Gala ev ...

  15. Universal Music Group's Financials Show Sales Growth, Vivendi Continues to Struggle

    November 14, 2013 3:44 PM EST Universal Music Group, the world's largest music company, saw sales grow 7% during the third quarter -- excluding revenues from EMI Recorded Music -- but said it’s on course to achieve the £100 million ($160 million) in cost-savings it predi ...

  16. Biz Stock Ticks: This Weekend's Entertainment Indices 10/14-10/18

    October 18, 2013 4:39 PM EDT 0 Biz Related News:   Apple  Taps Burberry CEO, Known for Tech-Savviness, to Oversee Stores New iPads Likely, New OS X Rumored for Apple Event Next Week     Biz Related News:   Biz Related News:     Biz Related News: Google's 3Q Earnings Ri ...

  17. Biz Stock Ticks: This Week's Entertainment Indices 10/7-10/11

    October 11, 2013 4:00 PM EDT   Biz Related News:   Apple iTunes Radio  to Launch in U.K., Canada, Early Next Year (Report)     Biz Related News:   Biz Related News:     Biz Related News:     Biz Related News Insomniac CEO Pasquale Rotella on Live Nation Deal, Festival Death ...

  18. Morning Fix: Vivendi's Split; Mister Cee on His Resignation; Ariana Grande Debuts at No. 1; Pandora Names Brian McAndrews CEO

    September 12, 2013 7:45 AM EDT Get the Morning Fix Delivered To Your Inbox HERE VIVENDI SPLIT COULD HAVE LITTLE IMPACT ON UNIVERSAL MUSIC (ANALYSIS) While shareholders and the business media regard as big news the Vivendi announcement that it will study a demerger plan and th ...

  19. Vivendi Split Could Have Little Impact On Universal Music (Analysis)

    September 11, 2013 10:24 PM EDT While shareholders and the business media regard as big news the Vivendi announcement that it will study a demerger plan and that activist shareholder Vincent Bollore has been appointed vice chairman of the company's supervisory board, the ...

  20. Vivendi Considering Splitting Media and Telecom Companies

    September 11, 2013 12:28 PM EDT French conglomerate Vivendi, which owns Universal Music Group, today announced that its supervisory board has unanimously voted to launch a study to split into two separate companies – an international media group and the SFR telecom group.  V ...

  21. Vivendi Chair, Investor Feud Over CEO Search

    September 09, 2013 11:20 AM EDT The chairman of French media and telecom conglomerate Vivendi and one of the company's other powerful board members are locked into a showdown over who should be the next CEO, a source confirmed Monday. Jean-Francois Dubos last year became ...

  22. Vivendi Q2 Earnings Slip, UMG Results Improve

    August 29, 2013 5:36 AM EDT French entertainment and telecom conglomerate Vivendi on Thursday reported lower second-quarter earnings amid weaker results at its telecom businesses. The company, which owns Universal Music Group, French pay TV giant Canal Plus and others, als ...

  23. SoftBank's $8.5 Billion Takeover Bid of Universal Music Group Rejected by Vivendi (Report)

    July 18, 2013 3:55 PM EDT An $8.5 billion takeover bid of Universal Music Group (UMG) by Japanese telecoms group SoftBank some three months ago was rejected by Vivendi, the French media and telecom conglomerate that owns UMG, according to sources. The story was first re ...

  24. Vivendi Reinforces Commitment to Becoming Media and Content Company

    April 30, 2013 9:29 PM EDT PARIS -- Shareholders of the telecoms and media giant Vivendi approved the appointment of five new members to the Supervisory Board in a meeting that was interrupted by protests from the French feminist group Le Barbe. As management board chairm ...

  25. Updated: Universal Music Group Earnings Up; Vivendi's Adjusted Profit Shrinks

    February 26, 2013 10:51 AM EST French media and telecom conglomerate Vivendi on Tuesday reported lower fourth-quarter earnings amid weaker results at pay TV arm Canal Plus, higher expenses and restructuring and impairment charges on acquired businesses and a slight profit impro ...

  26. Lucian Grainge, Michael Lynton, will.i.am to Co-Host Inaugural Innovation Summit

    January 16, 2013 6:07 PM EST The Innovation Forum , a summit composed of entertainment and business leaders from the U.S. and U.K. co-sponsored by the Founder's Forum and UK Trade & Investment will come together Feb. 4-5 in Los Angeles, kicking off 2013 Grammy week. ...

  27. IMPALA, Indies Ask EC to Investigate Sony-BMG's Parlophone Bid

    January 11, 2013 7:17 PM EST Independent music companies have raised concerns about a plan by Sony Corp. and Bertelsmann music venture BMG to bid for former EMI label Parlophone, arguing an acquisition would give the music giants, particularly Sony, too much market power. Viv ...

  28. Universal-Led Suppliers Liable for Up to $242 Million If HMV Folds: Report

    December 27, 2012 10:51 AM EST British music and DVD retailer HMV, which has said it faces a liquidity crunch early in the new year, has seen $65 million in benefits from financial support from product suppliers, led by Universal Music, the Daily Telegraph reported Thursday. Mu ...

  29. Morning Fix: Artists Chastise Pandora; Nachsin Leaves Roadrunner; Nine Bidding for Parlophone

    November 15, 2012 8:15 AM EST Head HERE to subscribe to Billboard's Morning Fix email and other free music-business newsletters RIHANNA, KATY PERRY, BILLY JOEL, 122 OTHER ARTISTS TELL PANDORA: 'THAT'S NOT HOW PARTNERS WORK TOGETHER': The battle over webcast ...

  30. Morning Fix: Universal Music Predicts $158 Million Annual Boost From EMI; Ticketmaster & Walmart Expand Deal; Depeche Mode Signs With WME

    November 14, 2012 7:08 AM EST Head HERE to subscribe to Billboard's Morning Fix email and other free music-business newsletters UNIVERSAL MUSIC EARNINGS DIP, REVENUES RISE IN FIRST NINE MONTHS: Universal Music Group posted a 2.5% decline in earnings before interest taxes ...

  31. 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&# ...

  32. 'American Idol' Creator Simon Fuller to Bid on EMI Assets

    October 08, 2012 6:54 PM EDT Simon Fuller, the Spice Girls svengali and creator of the TV format behind American Idol, is looking to submit a bid for all the EMI businesses that Universal Music Group must sell. Vivendi-owned UMG recently won regulatory approval of its $1.9 bi ...

  33. Business Matters: Artist Happiness as a Long-Term Investment

    October 01, 2012 9:23 PM EDT As interested parties line up for Universal Music Group's divested EMI assets -- particularly Parlaphone Records -- artists and managers are encouraging bidders not to forget about the artists. Jon Webster, CEO of the Music Managers Forum (MM ...

  34. Universal Completes $1.9 Billion EMI Recorded Music Acquisition

    September 28, 2012 8:47 AM EDT LONDON - Vivendi's Universal Music Group said Friday that it has completed the $1.9 billion acquisition of EMI's recorded music arm. "This is a next step towards ensuring the health of our industry," said UMG chairman and CEO L ...

  35. Universal-EMI: Lucian Grainge, IMPALA, Martin Mills, Other Reactions to Deal's Approval

    September 21, 2012 3:14 PM EDT As expected, the approval by the European Union and the Federal Trade Commission has inspired a number of dramatically opposing comments and reactions from the parties affected by and involved in the deal. Here's a collection of several we� ...

  36. Universal Music-EMI Deal Expected to Be Approved by EU Friday

    September 13, 2012 7:11 PM EDT The Universal Music Group's proposed acquisition of EMI is headed for the endgame in the regulatory process. According to sources, on Friday the European Commission will put the deal and the concessions package to vote before full college of ...

  37. Universal Music-EMI: Vivendi Confirms Payment, But Status of Deal Is Still Unclear

    September 10, 2012 3:22 PM EDT Universal Music Group's bid to acquire part of EMI has entered its final phase of regulatory review in Europe, but while UMG parent Vivendi confirmed a first payment required under the deal, the status of European regulators' thinking ab ...

  38. Morning Fix: Bankers Big Winners in EMI-UMG Deal; SEO B.S.; VMAs Relevance; Matchbox 20 Aim For No. 1

    September 06, 2012 7:50 AM EDT Head HERE to subscribe to Billboard's free music-business newsletters. MATCHBOX TWENTY AIMING FOR FIRST NO. 1 ALBUM ON NEXT WEEK'S BILLBOARD 200: Watch for Matchbox Twenty to nab its first No. 1 on the Billboard 200 next week. Also heade ...

  39. Universal Music Group Reports Quarterly Revenue Gain

    August 30, 2012 9:54 AM EDT Universal Music Group today reported 88 million euros ($110.4 million) in earnings before interest, taxes, depreciation and amortization on revenues of 961 million euros ($1.2 billion) in its quarterly earnings report. That's up slightly from ...

  40. 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 ...

  41. Business Matters: Warner Getting Big Gains from Spotify, Pandora, YouTube and other Streaming Services

    August 09, 2012 5:23 PM EDT Warner Gets A Quarter of Digital Revenue From Streaming Warner Music Group is getting good growth from streaming services, which now account for 25% of its recorded music digital revenue. The other important news in the company's Thursday ear ...

  42. EMI Reports Fiscal Year Loss Due to Writedown

    August 07, 2012 5:30 PM EDT Music company EMI recorded a pre-tax loss of £349 million ($546 million) for the fiscal year ending March 31, down from the year before due to a writedown, the Guardian reported , citing an internal company memo. The £372 million ($582 million) ch ...

  43. Business Matters: Pandora Adds 400,000 Listeners in July

    August 06, 2012 4:26 PM EDT Pandora Adds 400,000 In July Pandora increased its monthly active users to 54.9 million in July from 54.5 million in June. Listener hours increased to 1.12 billion -- up 76% year-over-year -- from 1.08 billion. Perhaps most importantly, Pandora re ...

  44. Business Matters: Looking Forward to Live Nation and Warner Music Group's Earnings Releases

    August 03, 2012 5:04 PM EDT Live Nation, WMG Optimistic Ahead Of 2nd Quarter Earnings Reports * (Correciton appended: Live Nation's earning report is due Tuesday, Aug. 7 not Thursday, Aug. 9 as originally reported.) Both Live Nation and Warner Music Group report second ...

  45. Universal/EMI: Deal Looks Likely to Be Approved, But at What Cost to UMG?

    July 26, 2012 3:30 PM EDT The extensive, lengthy and ongoing negotiations between the Universal Music Group and the European Union Commission to hammer out a concessions package of assets to be divested means that the regulatory agency is likely to approve the acquisition ...

  46. Lady Gaga, Universal Sued by Bratz Dolls Manufacturer MGA

    July 25, 2012 6:55 AM EDT Toy firm MGA Entertainment, the maker of the Bratz line of dolls, has sued Lady Gaga and her management firm for delaying approval of a Lady Gaga doll line. The company is alleging breach of contract and seeking more than $10 million in damages in ...

  47. Exclusive: Naive's Patrick Zelnik Talks Universal-EMI Merger, Plan to Buy Virgin With Branson, More

    July 19, 2012 1:00 PM EDT Patrick Zelnik, founder and CEO of French independent label and distributor Naïve and co-President (for now) of Impala, the independent label association, has made international headlines over the last few days: On Monday a surprising op-ed he wro ...

  48. Rick Ross Vs. Ricky "Freeway" Ross: Judge Rejects Warner Bros. Records' Motion to Dismiss

    July 19, 2012 10:05 AM EDT A Los Angeles Superior Court judge has rejected an attempt by Warner Bros. Records to escape a lawsuit by former drug kingpin "Freeway" Ricky Ross that alleges his name and identity were stolen by rapper Rick Ross. "Freeway" Ro ...

  49. Universal Music's Concessions Grow in EMI Deal; Sale of Virgin U.K. Looks Likely

    July 17, 2012 11:01 PM EDT The Universal Music Group will take some extra time to prepare and submit its remedies package to the EU Commission, as part of its gambit to win regulatory approval to acquire EMI's recorded-music division. Depending on who you listen to, th ...

  50. Updated: Richard Branson Interested in Buying Back Virgin Records With Impala's Patrick Zelnik

    July 17, 2012 7:59 AM EDT LONDON - Virgin Group founder Richard Branson has expressed his interest in a potential bid for the Virgin Records label he founded. Vivendi's Universal Music Group is meeting with European regulators in Brussels this week to discuss possible ...

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