The rollback was motivated by Vodafone and Vivendi's offer to shrink the scope of the planned Net venture; if the companies can assuage EU anxieties, they will circumvent a nail-biting four-month review.
Commented one U.S. regulator, "What does ‘concern' mean?"
Vodafone also announced it had taken on some 6.6 million new customers in Q2, with about 572,000 of them in the UK. Such news could be a double-edged sword, as it speaks well for the phone giant's ability to handle growth but could buttress worries about the potentially monopolistic dimensions of the Web deal.
Meanwhile, it was declared on 7/5 that Canal Plus will remain a free-standing biz under the pending Vivendi Universal umbrella, with current Chairman Pierre Lescure remaining le fromage grande. Canal will carry on existing ventures and incorporate Universal content into its pipes; under the terms of the merger, most of the cable monster will be absorbed into the new company, but the French channel will only be minority-owned
SONG REVENUE: CALM BEFORE THE STORM
J. Cole has his moment; Future-Metro have another big payday. (4/19a)
WARNER CHAPPELL ROPES IN RED CLAY STRAYS
Another big get for Guy and Carianne (4/19a)
THE COUNT: COACHELLA, FROM THE COUCH
The coziest way to experience the fest (4/19a)
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THE NEW UMG
Gosh, we hope there are more press releases.
TIKTOK BANNED!
Unless the Senate manages to make this whole thing go away, that is.
THE NEW HUGE COUNTRY ACT
No, not that one.
TRUMP'S CAMPAIGN PLAYLIST
Now 100% unlicensed!
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