Vivendi

  1. Bertelsmann Pays UMG $60m In Napster Settlement

    September 06, 2006 12:00 AM EDT Bertelsmann AG and Universal Music Group have settled litigation over the German media company's $85 million investment in the original peer-to-peer service Napster. Bertelsmann will pay UMG $60 milli Bertelsmann AG and Universal Music Group ...

  2. 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 ...

  3. 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 ...

  4. UMG Revenues Up In Second Quarter

    July 27, 2006 12:00 AM EDT Due in part to improved digital sales. Universal Music Group’s second quarter revenues increased 2.2% to €1,077 million (1.35 billion) on improved digital sales and higher license income in the U.S. and the U.K. On a constant currency basis UMG� ...

  5. Sprint's Reddick To Open Billboard MECCA Fall 2006

    July 24, 2006 12:00 AM EDT Event to take place Sept. 11 in Los Angeles. Billboard revealed today (July 24) that Paul Reddick, Sprint’s VP of business development and product innovation, will be the opening keynote speaker for the Billboard MECCA Fall 2006 conference. The mo ...

  6. Report: UMG Makes BMG Publishing Bid

    July 21, 2006 12:00 AM EDT Bids coming in between $1.5 - $2 million. Vivendi's Universal Music has made a bid of close to $2 billion in the auction of Bertelsmann AG's music publishing arm, the Financial Times said on Friday (July 21), citing two people familiar w ...

  7. Vivendi Visual Pacts With RuffNation

    July 10, 2006 12:00 AM EDT RFR to deliver five releases a year at minimum. Vivendi Visual Entertainment (VVE), a division of Universal Music Group Distribution, has entered into a multi-year, multi-film distribution agreement with RuffNation Films Releasing (RFR) to market ...

  8. Visual Entertainment Renamed

    June 09, 2006 12:00 AM EDT Company rebrands as Vivendi Visual Entertainment. Universal Music Group Distribution's (UMGD) Universal Music Group Distribution's (UMGD) Visual Entertainment has been renamed Vivendi Visual Entertainment (V V E), which "bring the d ...

  9. IMF, EchoStar Form New Deal

    May 25, 2006 12:00 AM EDT Financial terms were not disclosed. Satellite television operator EchoStar Communications has entered into a new multi-year deal with Universal Music Group to carry the major label’s new music TV network IMF: The International Music Feed. Financia ...

  10. Universal Music Group's Q1 Earnings Up 136%

    May 18, 2006 12:00 AM EDT Aided by recovery $64M connected to lawsuit. Universal Music Group’s first quarter earnings from operations increased 136% to €90 million ($115.5 million), aided by the margin on higher sales volumes, and the recovery of a €50 million ($64.2 milli ...

  11. Prince, Games Boost Vivendi Q1 Sales

    April 20, 2006 12:00 AM EDT Posted a forecast-beating 5.7% rise. Vivendi on Thursday posted a forecast-beating 5.7 percent rise in first-quarter sales, invigorated by strong performances by music artists such as Prince and online role-playing game World of Warcraft. The grou ...

  12. France Proposes To OK DRM-Cracking Software

    March 14, 2006 12:00 AM EST France is pushing through a law that would force Apple Computer to open its iTunes online music store and enable consumers to download songs onto devices other than the computer maker's popular iPod p France is pushing through a law that woul ...

  13. France Proposes To OK DRM-Cracking Software

    March 14, 2006 12:00 AM EST France is pushing through a law that would force Apple Computer to open its iTunes online music store and enable consumers to download songs onto devices other than the computer maker's popular iPod p France is pushing through a law that woul ...

  14. Report: Bertelsmann Wants Lack Out At Sony BMG

    October 10, 2005 12:00 AM EDT Does not want to renew CEO's contract. Germany's Bertelsmann has told its music business partner Sony Corp. it does not want to renew the contract of CEO Andrew Lack to run the unit, according to a Monday report in The New York Times cit ...

  15. UMG To Tap Into New Revenue Streams

    October 07, 2005 12:00 AM EDT Universal Music said it is transforming itself into a broader entertainment company that derives more revenue from untapped sources like advertising. UMG senior executives discussed their strategy wit Universal Music, the world's largest reco ...

  16. Amp'd Mobile Raises $67 Million In Funding

    August 08, 2005 12:00 AM EDT Universal Music Group among the investors. Amp'd Mobile said on it raised about $60 million in funding from investors including Vivendi's Universal Music Group and three venture capital funds to set up a U.S. mobile telephone service. Pr ...

  17. Sony BMG, Mashboxx Enter Pact

    June 29, 2005 12:00 AM EDT Music giant Sony BMG has finalized its deal with the legal file-sharing network Mashboxx, two days after a U.S. court dealt a blow to Mashboxx's unauthorized rivals such as Grokster. Music giant Sony BMG has finalized its deal with the legal ...

  18. Sony BMG's Lack Expects More Cost Savings

    May 27, 2005 12:00 AM EDT Sony BMG plans to wring more cost savings than it originally expected from the merger that created the record company 10 months ago, but meaningful revenue gains for both itself and the industry are s Sony BMG plans to wring more cost savings than ...

  19. Bertelsmann Settles One Napster Case

    January 20, 2005 12:00 AM EST German media giant Bertelsmann said today (Jan. 20) it has settled a lawsuit filed by a rival music label alleging it aided online piracy by teaming up with the former file-swapping system Napster. German media giant Bertelsmann said today (Jan. 2 ...

  20. Court Vacates Ovitz Arbitration Award

    October 19, 2004 12:00 AM EDT Michael Ovitz will not be able to collect a $3.6 million arbitration award against Cathy Schulman, former president of his film company, because the arbitrator did not disclose a conflict of interest, (The Hollywood Reporter) -- Michael Ovitz will ...

  21. UMG Execs Discussing Future

    April 27, 2004 12:00 AM EDT Top executives of Universal Music Group are scheduled to meet with analysts in Europe and the United States this week to map out the future of the world's biggest music company. Top executives of Universal Music Group are scheduled to meet wi ...

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