Quantcast

Vivendi selling Marco Telecom

VIVA VIVENDI: French firm Vivendi, owner of Univeral Music Group, has come to terms in the sale of a big telecom asset, part of its ongoing campaign to solidify its business around music and pay TV. To that end, it will tender its 53% stake in Maroc Telecom to Etisalat in the United Arab Emirates for $5.7 billion. The deal is subject to regulatory approval and will likely be wrapped up next year. Last month saw the Paris conglom sell its majority stake in game publisher Activision for $8.2 billion, and it recently obtained the portion of cable TV giant Canal Plus it didn't already own. Although Vivendi stock dipped slightly in the aftermath of the Maroc sale, analysts have applauded the company's increased media focus. In a related story, a man at a cafe in the fourth arrondisement sipped a cafe au lait, puffed on a Gauloise and reflected on life's grand comedy. (11/5a)

NEAR TRUTHS: KINGDOMS
File under: The enemy of my enemy is my friend. (3/26a)
ONE SHINING HITS LIST
She shoots, she scores! (3/26a)
YTD MARKET SHARE
Zeroing in on the elite teams (3/28a)
BEST IN THE WEST:
STEVE BERMAN
High time for another Eminem skit (3/26a)
MUSIC REVENUE TOPPED $17B IN 2023: RIAA
Streaming subscriptions lead the charge. (3/27a)
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!
 Email

 First Name

 Last Name

 Company

 Country
CAPTCHA code
Captcha: (type the characters above)