Advertisement
YOU ARE HERE: LAT HomeCollectionsVivendi Universal Interactive Publishing Company
IN THE NEWS

Vivendi Universal Interactive Publishing Company

FEATURED ARTICLES
BUSINESS
July 24, 2001 | Associated Press
French media company Vivendi Universal, citing better results at its telecom, television and film units, reported strong gains in revenue and pretax profit in a preliminary earnings report, putting it on track to meet financial forecasts. Vivendi reported a 57% rise in earnings, before interest, tax, depreciation and amortization, to $1.14 billion. Profit at its film and TV unit nearly tripled, thanks to the success of "The Mummy Returns."
ARTICLES BY DATE
BUSINESS
August 30, 2001 | Staff and Wire Reports
Vivendi Universal said it has completed the acquisition of San Diego-based MP3.com Inc. in a combined cash and stock transaction. MP3.com stockholders voted in favor of the merger transaction at a special meeting of stockholders held Monday. MP3.com was delisted from Nasdaq effective before opening for trading Tuesday. More than 68% of the more than 69 million shares outstanding were voted. Of those voting, more than 99% voted in favor of the merger. The corporate offices of MP3.
Advertisement
BUSINESS
July 14, 2001 | RICHARD VERRIER, TIMES STAFF WRITER
To help build its image and identity in the U.S. market, French media giant Vivendi Universal is turning to a storybook character: Curious George. The mischievous primate of children's books has been making prominent appearances in full-page newspaper ads across the country in the last two weeks. The ads tout Vivendi Universal's acquisition of book publisher Houghton Mifflin, which publishes the Curious George books.
BUSINESS
July 24, 2001 | Associated Press
French media company Vivendi Universal, citing better results at its telecom, television and film units, reported strong gains in revenue and pretax profit in a preliminary earnings report, putting it on track to meet financial forecasts. Vivendi reported a 57% rise in earnings, before interest, tax, depreciation and amortization, to $1.14 billion. Profit at its film and TV unit nearly tripled, thanks to the success of "The Mummy Returns."
BUSINESS
August 30, 2001 | Staff and Wire Reports
Vivendi Universal said it has completed the acquisition of San Diego-based MP3.com Inc. in a combined cash and stock transaction. MP3.com stockholders voted in favor of the merger transaction at a special meeting of stockholders held Monday. MP3.com was delisted from Nasdaq effective before opening for trading Tuesday. More than 68% of the more than 69 million shares outstanding were voted. Of those voting, more than 99% voted in favor of the merger. The corporate offices of MP3.
BUSINESS
June 29, 2001 | Bloomberg News
Vivendi Universal offered to buy the shares it doesn't own of StudioCanal, valuing its film production unit at $1.3 billion. Vivendi, which already owns about 86% of StudioCanal, offered $12.25 for each StudioCanal share, or 26% more than Wednesday's closing price.
BUSINESS
June 2, 2001 | BY SALLIE HOFMEISTER, TIMES STAFF WRITER
Strengthening its presence in the U.S., Vivendi Universal, Europe's largest media company, agreed Friday to acquire Houghton Mifflin Co., one of the nation's last major independent book publishers, for $1.7 billion. The purchase of the world's fourth-largest educational publisher catapults Vivendi, which ranks fifth in the world in publishing, into the No. 2 spot after Pearson. The purchase is the latest U.S.
BUSINESS
June 7, 2001 | Bloomberg News
Vivendi Universal, Europe's largest advertising company, said it sold its 9.9% stake in Havas Advertising to institutional investors for 453 million euros ($384 million). The company said the sale would generate a one-time profit of 113 million euros. Vivendi Universal sold its stake in the No. 5 advertising company to help fund its $2.2-billion acquisition of Houghton Mifflin Co.
BUSINESS
July 14, 2001 | RICHARD VERRIER, TIMES STAFF WRITER
To help build its image and identity in the U.S. market, French media giant Vivendi Universal is turning to a storybook character: Curious George. The mischievous primate of children's books has been making prominent appearances in full-page newspaper ads across the country in the last two weeks. The ads tout Vivendi Universal's acquisition of book publisher Houghton Mifflin, which publishes the Curious George books.
BUSINESS
June 29, 2001 | Bloomberg News
Vivendi Universal offered to buy the shares it doesn't own of StudioCanal, valuing its film production unit at $1.3 billion. Vivendi, which already owns about 86% of StudioCanal, offered $12.25 for each StudioCanal share, or 26% more than Wednesday's closing price.
BUSINESS
June 7, 2001 | Bloomberg News
Vivendi Universal, Europe's largest advertising company, said it sold its 9.9% stake in Havas Advertising to institutional investors for 453 million euros ($384 million). The company said the sale would generate a one-time profit of 113 million euros. Vivendi Universal sold its stake in the No. 5 advertising company to help fund its $2.2-billion acquisition of Houghton Mifflin Co.
BUSINESS
June 2, 2001 | BY SALLIE HOFMEISTER, TIMES STAFF WRITER
Strengthening its presence in the U.S., Vivendi Universal, Europe's largest media company, agreed Friday to acquire Houghton Mifflin Co., one of the nation's last major independent book publishers, for $1.7 billion. The purchase of the world's fourth-largest educational publisher catapults Vivendi, which ranks fifth in the world in publishing, into the No. 2 spot after Pearson. The purchase is the latest U.S.
Los Angeles Times Articles
|