Universal Media Group

Vivendi mulls options to recapture initiative in Telecom Italia battle

Vivendi is looking into convening a new Telecom Italia (TIM) shareholders meeting to “reorganise” the telco’s board of directors following its loss of control of the telco’s board to a slate supported by activist investor Elliott Advisors. Speaking to analysts after Vivendi posted its Q1 numbers, CEO Arnaud de Puyfontaine, who was also TIM chairman […]

Vivendi units team up with Red Bull production outfit

Vivendi’s production arm Studiocanal and sister company Universal Music Group has formed a co-development partnership with Red Bull-owned Terra Mater Film Studios (The Ivory Game, Mindgamers) as the first step in a global initiative by Vivendi and Red Biull to maximise the value of their combined assets. Projects developed from the deal, which was announced […]

Fourtou: Vivendi could spin off media arm, retain SFR

Vivendi could retain control of telecom group SFR and spin off its more profitable media arm – comprising not only Canal+ and Universal Media Group but also Brazilian telco GVT, according to chairman Jean-René Fourtou.  Interviewed by French daily Le Monde, Fourtou said that a sale of SFR in current market conditions was not on […]

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