Vivendi

  1. 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 ...

  2. Wal-Mart Selling Digital Music Free Of Copy Curbs

    August 21, 2007 12:00 AM EDT Wal-Mart Stores Inc said on Tuesday that it was now selling digital music downloads on its Web site without the customary copy-protection technology that limits where consumers can play the songs. Wal-Mart, the world's largest retailer, said ...

  3. Vivendi Reports H1 Sales Rise, UMG Declines

    July 26, 2007 12:00 AM EDT Vivendi has reported a strong first half, with sales up 6.4% to €9.610 billion ($13.14 billion). But business was not quite as rosy at the French media conglomerate's Universal Music Group, where revenues were €2.095 billion ($2.86 billion), ...

  4. WMG, Sony BMG Launch Digital Platform In Russia

    June 28, 2007 12:00 AM EDT Warner Music and Sony BMG, along with two Russian record labels, launched a wholesale digital distribution platform in Russia on Thursday, a market dominated by piracy across the entire entertainment industry. The two majors said they had formed a ...

  5. Apple Meets iTunes EU Deadline, Universal Wins Extension

    June 21, 2007 12:00 AM EDT Apple met last night's deadline to respond to the European Commission's antitrust concerns over the pricing of its iTunes online music store, officials have confirmed. However, Vivendi's Universal Music Group has since been granted ...

  6. EU OKs Universal's Buy Of BMG Pub

    May 22, 2007 12:00 AM EDT Universal Music Group was cleared Tuesday to take over BMG Music Publishing when the European Commission gave the green light after a five-month investigation into the €1.63 billion ($2.05 billion) music publishing merger. The Commission -- the Eu ...

  7. Amazon Store To Sell Music Free Of Copy Protection

    May 16, 2007 12:00 AM EDT Amazon.com Inc. said on Wednesday the company will launch a digital music store later in 2007 with millions of songs, free of copy protection technology that limits where consumers can play their music. The Seattle-based company said music company ...

  8. 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 ...

  9. Source: EU To Approve Universal/BMG Deal This Month

    May 11, 2007 12:00 AM EDT Vivendi's Universal Music will receive approval from the European Commission to buy Bertelsmann's BMG Music Publishing, a source familiar with the matter said on Thursday. The approval will come this month after Vivendi offered to sell s ...

  10. Warner Music's Bronfman Sued For $100M

    April 24, 2007 12:00 AM EDT Warner Music Group Corp. chief executive Edgar Bronfman Jr. was sued on Monday for $100 million by a former CEO of publisher Simon & Schuster who claims Bronfman failed to compensate him for conceiving the 2003 buyout of Warner. Former CEO Dic ...

  11. Reuters: EMI had 16.1% U.K. Market Share In Q1

    April 17, 2007 12:00 AM EDT EMI Group accounted for 16.1% of all albums sold in the U.K. in the first quarter of 2007, behind Universal but level with Sony BMG and ahead of Warner Music Group, market data seen by Reuters shows. The U.K. has traditionally been one of EMI' ...

  12. Universal To Drop Rondor?

    March 28, 2007 12:00 AM EDT Universal Music has added Rondor Music U.K. to the list of names it is prepared to drop from its catalog in order to secure European Commission approval for its purchase of Bertelsmann's BMG Music Publishing, industry sources have confirmed. ...

  13. BMG Drags As Bertelsmann Posts Bumper Financials

    March 21, 2007 12:00 AM EDT German media giant Bertelsmann achieved its "most successful" financial result in 2006, despite a considerable decline in revenue and profit from its recorded music business. During a press-conference today in Berlin, Bertelsmann chairma ...

  14. Sources: BMG May Spin-Off Zomba Pub, 19 Songs

    March 15, 2007 12:00 AM EDT In a move to assuage the European Commission's merger concerns, a raft of assets could be offloaded as part of Universal Music's acquisition of Bertelsmann's BMG Music Publishing, industry sources have revealed. BMG Music Publishing ...

  15. Universal France Tests DRM-Free Music

    March 07, 2007 12:00 AM EST Universal Music France is quietly testing the sale of DRM-free digital music with "L'Olympia," the first live album of French singer/composer Emilie Simon. The album was issued digitally on Feb. 28 and at physical retail on March 5 ...

  16. 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 ( ...

  17. EC Set To Confirm In-Depth Sony BMG Probe

    February 28, 2007 12:00 AM EST The European Commission is due to formally announce on Thursday a four-month in-depth investigation into the merger between Sony and Bertelsmann's music units, a European Union source has confirmed. The second stage investigation into Sony BM ...

  18. Vivendi CEO Talks YouTube, MySpace Lawsuit

    February 22, 2007 12:00 AM EST Vivendi CEO Jean-Bernard Levy sat for a Q&A session with USA Today this week. Among the topics of conversation -- its YouTube deal, the MySpace lawsuit, and old media in the digital age. Read the full transcript here . News Jean-Bernard Levy ...

  19. Famous On The Block?

    February 09, 2007 12:00 AM EST As thousands of industry members are flocking to Los Angeles this week for the Grammy Awards, Viacom lit a spark in the music publishing community. The global entertainment company announced that it "has decided to explore strategic alternati ...

  20. Viacom Demands YouTube Remove Videos

    February 05, 2007 12:00 AM EST Viacom Inc. on Friday demanded that Google Inc.'s online video service YouTube remove more than 100,000 video clips after they failed to reach a distribution agreement. Viacom said it sent a notice to YouTube on Friday morning asking the popu ...

  21. EC Starts Sony BMG Review

    February 01, 2007 12:00 AM EST The European Commission has opened its re-examination of the merger between Sony Corp and Bertelsmann's music units, seven months after an EU court threw out their approval. The Commission -- the EU's anti-trust authority -- said it woul ...

  22. EC Delays Deadline On Universal's BMG Pub Bid

    January 11, 2007 12:00 AM EST The European Commission has put back by five weeks its deadline for ruling on Universal Music's €1.63 billion ($2.05 billion) bid to buy Bertelsmann's BMG Music Publishing. The delay --- pushing the decision to June 1 -- came after Viven ...

  23. UMGD Launches Christian Group

    December 14, 2006 12:00 AM EST Universal Music Group Distribution is plotting a further expansion into the Christian market, opening Universal Music Christian Group (UMCG). The division will be headed by Rhoda Lawrence, VP Urban Sales & Marketing at UMGD. As of yet, no othe ...

  24. Labels, VCs Agree To Settle Napster Suit

    December 13, 2006 12:00 AM EST EMI Music and Universal Music Group reached a conditional settlement with venture capital firm Hummer Winblad over the firm's $13 million investment in the original Napster. But whether the parties' agreement will actually resolve their ...

  25. EC To Probe Universal Takeover Of BMG

    December 08, 2006 12:00 AM EST The European Commission confirmed Friday (Dec. 8) that it will open an in-depth investigation into Universal Music Group's planned takeover of BMG Music Publishing. "The Commission's initial market investigation indicates that the p ...

  26. EC To Probe UMG's BMG Publishing Buy

    November 29, 2006 12:00 AM EST The European Commission will open an in-depth investigation into Universal Music Group's planned takeover of BMG Music Publishing, inside sources confirmed to Billboard.biz today (Nov. 29). The four-month, second stage review of the acquisiti ...

  27. EC To Probe UMG's BMG Publishing Buy

    November 29, 2006 12:00 AM EST The European Commission will open an in-depth investigation into Universal Music Group's planned takeover of BMG Music Publishing, inside sources confirmed to Billboard.biz today (Nov. 29). The European Commission will open an in-depth invest ...

  28. Vivendi Gets US Antitrust OK To Buy BMG Pub

    November 16, 2006 12:00 AM EST Companies now No. 3, 4 players in music publishing. Vivendi's Universal Music has received U.S. antitrust approval to acquire Bertelsmann AG's BMG Music Publishing, U.S. officials said on Tuesday (Nov. 14). Antitrust authorities complete ...

  29. Vivendi Gets US Antitrust OK To Buy BMG Pub

    November 14, 2006 12:00 AM EST Companies now No. 3, 4 players in music pub. Vivendi's Universal Music has received U.S. antitrust approval to acquire Bertelsmann AG's BMG Music Publishing, U.S. officials said on Tuesday (Nov. 14). Antitrust authorities completed their ...

  30. UMG Q3 Sales Down

    November 07, 2006 12:00 AM EST Despite gains from digital sales and higher license income in the United States, Universal Music Group saw revenues in the third quarter decline to €1.096 billion ($1.4 billion), down 2.1% from Despite gains from digital sales and highe ...

  31. VU Awaits Dec. 8 Ruling On BMG Pub Buy

    November 06, 2006 12:00 AM EST EC sets provisional deadline. Vivendi's Universal Music Group should learn whether the European Commission approves its purchase of BMG Music Publishing by Dec. 8, the provisional deadline set by the EC to issue its ruling. UMG successfully b ...

  32. Vivendi Requests Commission Clear BMG Takeover

    November 03, 2006 12:00 AM EST If approved publishing unit will have 22% market share. Vivendi, the owner of Universal Music Publishing Group, Friday (Nov. 3) formally asked the Commission to clear its €1.63 billion ($2.1 billion) takeover of BMG Music Publishing. "We have ...

  33. Vivendi Visual Preps 'Pledge'

    October 27, 2006 12:00 AM EDT Movie premiere was Oct. 26 in Chicago. Vivendi Visual Entertainment is set to distribute National Lampoon's "Pledge This!" starring Paris Hilton. The film -- which had its premiere last night (Oct. 26) in Chicago -- will open in lim ...

  34. Vivendi Visual Inks Deal With Salient Films

    October 18, 2006 12:00 AM EDT Agreement for multiple years and films. Vivendi Visual Entertainment (V V E) has entered into a multi-year, multi-film distribution agreement with Salient Films to market and distribute its upcoming slate of home entertainment product. Upcoming re ...

  35. YouTube Strikes Deals With UMG, Sony BMG, CBS

    October 09, 2006 12:00 AM EDT Pacted with Warner Music Group two weeks ago. Video-sharing Web site YouTube Inc. struck content deals Monday (Oct. 9) with Universal Music Group, Sony BMG Music Entertainment and CBS Corp. For several days, Google Inc. has been rumored to be in t ...

  36. LEGAL MATTERS: THE PRICE FOR A SONG

    October 07, 2006 12:00 AM EDT Lawyers are still questioning the unprecedented €1.63 billion ($2.05 billion) price Vivendi's Universal Music Group (UMG) agreed to pay for BMG Music Publishing. They wonder if cash will change hand Lawyers are still questioning the unprecede ...

  37. Sony BMG Appeals Joint Venture Annulment

    October 05, 2006 12:00 AM EDT Appeal lodged with European Court of Justice. Sony Corp. and Bertelsmann today (Oct. 5) appealed against the European Union court decision last July that annulled the merger of their recorded music divisions in 2004. The appeal was lodged at the E ...

  38. Source: Bandier To Resign EMI Music Pub Post

    September 28, 2006 12:00 AM EDT Executive may play into WMG plans. Martin Bandier is resigning his post as chairman/co-CEO of EMI Music Publishing, Billboard.biz has learned. The move follows discussions between Warner Music Group chairman Edgar Bronfman Jr. and Bandier over WMG ...

  39. Source: Bandier To Resign EMI Music Pub Post

    September 28, 2006 12:00 AM EDT Martin Bandier is resigning his post as chairman/co-CEO of EMI Music Publishing, Billboard.biz has learned. The move follows discussions between Warner Music Group chairman Edgar Bronfman Jr. and Band Martin Bandier is resigning his post as chairm ...

  40. Universal, WPP Team To Link Bands, Brands

    September 26, 2006 12:00 AM EDT Universal Music is teaming up with advertising conglomerate WPP Group to link bands and brands. The London-based venture called BrandAmp is a 50-50 partnership revealed by the two companies on Tuesday Universal Music is teaming up with advertising ...

  41. VVE, Martha Stewart Living Offer Fitness Titles

    September 22, 2006 12:00 AM EDT 'Yoga,' 'Pilates' set for October 24 release. Vivendi Visual Entertainment partner company bodywisdom media has joined with Martha Stewart Living Omnimedia’s body + soul magazine for two new fitness DVD titles, “Yoga for Beginn ...

  42. YouTube, Warner Music Ink Partnership

    September 18, 2006 12:00 AM EDT Ad revenue-sharing pact unveiled Monday. Music videos from artists like Madonna, Red Hot Chili Peppers and Sean Paul will be legally available for the first time on online community YouTube after signing its first commercial partnership with Warne ...

  43. SHIFTING THE BALANCE

    September 16, 2006 12:00 AM EDT Bertelsmann AG's announcement that Vivendi's Universal Music Group was the successful bidder for BMG Music Publishing is triggering a seismic ripple effect in the major publishing and recorded music i Bertelsmann AG's announcement t ...

  44. SHIFTING THE BALANCE

    September 16, 2006 12:00 AM EDT Bertelsmann AG's announcement that Vivendi's Universal Music Group was the successful bidder for BMG Music Publishing is triggering a seismic ripple effect in the major publishing and recorded music i Bertelsmann AG's announcement t ...

  45. SHIFTING THE BALANCE

    September 16, 2006 12:00 AM EDT Bertelsmann AG's announcement that Vivendi's Universal Music Group was the successful bidder for BMG Music Publishing is triggering a seismic ripple effect in the major publishing and recorded music i Bertelsmann AG's announcement t ...

  46. SHIFTING THE BALANCE

    September 16, 2006 12:00 AM EDT Bertelsmann AG's announcement that Vivendi's Universal Music Group was the successful bidder for BMG Music Publishing is triggering a seismic ripple effect in the major publishing and recorded music i Bertelsmann AG's announcement t ...

  47. SHIFTING THE BALANCE

    September 16, 2006 12:00 AM EDT Bertelsmann AG's announcement that Vivendi's Universal Music Group was the successful bidder for BMG Music Publishing is triggering a seismic ripple effect in the major publishing and recorded music i Bertelsmann AG's announcement t ...

  48. UMG Pressuring YouTube, MySpace

    September 14, 2006 12:00 AM EDT Universal Music Group is stepping up pressure against popular online sites YouTube and MySpace, accusing them of infringing the copyrights of its artists' music videos. Universal Music Group is stepping up pressure against popular online site ...

  49. Impala Warns It Will Fight BMG Publishing Sale

    September 07, 2006 12:00 AM EDT Independent music companies trade body Impala has threatened to derail BMG's planned $2.09 billion sale of its music publishing wing to Vivendi. Independent music companies trade body Impala has threatened to derail BMG's planned $2.09 b ...

  50. 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 ...

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