The company reported that pro forma EBITDA was $6.73 billion (7.21 billion euros) last year, up from $4.54 billion (4.86 billion euros) in 1999.
VU's music unit UMG had pro forma EBITDA of $1.08 billion (1.16 billion euros) in 2000.
Chairman/CEO Jean-Marie Messier said Friday (3/9) in Paris that Vivendi Universal was on track to meet earnings growth targets after its merger with Seagram and Canal Plus. Messier was joined by company Vice Chairman Edgar Bronfman Jr. and Canal Plus Chief Pierre Lescure at the news conference.
Revenue was up marginally to $38.8 billion (41.8 billion euros).
What do all these big numbers mean? We figured we'd just allow our readers to interpret them anyway they'd like.
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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