RUMOR MILL
Tuesday, August 19, 2003
SECOND ROUND OF BIDS
COMES INTO VUE
What’s $14 billion Between Friends?
The second round of bids for Vivendi Universal’s entertainment assets were due yesterday, with Liberty, Edgar Bronfman Jr.’s group, NBC and Viacom all reportedly still in the hunt to varying degrees.
No word on if any of the bidders hit the $14 billion price tag.
The next step is for Vivendi Universal and its investment bankers to evaluate the proposals and discuss them at an Aug. 25 board meeting. The process is likely to be finished by early Sept. or as soon as the end of the month.
Both Liberty and the Bronfman group’s offers were for Universal's movie studio, theme parks and TV businesses, while the NBC proposal is for a joint-venture and a merger of assets. Viacom is reportedly only interested in VUE’s cable networks, USA and Sci Fi.
VMAs BEAMING BACK
TO THE BIG APPLE Getting back to where they once belonged (4/24a)
THE COUNT: ALL THE DESERT'S A STAGE
Jon Wayne is rolling over in his grave. (4/24a)
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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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A CHORUS OF PRAISE: IVORS 2024 NOMSrumor mail
