Quantcast
Vivendi selling telecom

PHONING IT IN: Three months after rejecting a Godzilla-sized offer for Universal Music by Japanese telecom Softbank, Vivendi appeared to signal its intentions to reshape itself as a smaller company focused on media businesses notably including UMG. The Wall Street Journal reports that the French company has entered talks to sell control of Africa-based Maroc Telecom to Emirates Telecommunications Corp. for $5.5 billion, potentially kicking off a series of deals that would pay down a mountain of debt and get rid of its telecommunications assets through sales or spinoffs. Upon learning that the parent company will probably not change hands, the UMPG security team vaped a huge collective sigh of relief. (7/23a)

SURF’S UP
FOR HITS LIST
Good vibrations (3/5a)
NEAR TRUTHS: UNCORKED
Jay-Z's blingy mountain of cash keeps gaining altitude. (3/5a)
UMG PULLS IN NEARLY
$9B IN 2020
Value keeps rising ahead of IPO. (3/5a)
MILEY JOINS COLUMBIA
Like moving to the apartment next door. (3/4a)
GRAMMY CHEW: THE
PRE-GRAMMY BOUNCE
Let's hear it for ironic guitar-smashing. (3/5a)
BLACK HISTORY MONTH
A jazz chronicle of fighting the power.
GRAMMYS: WHERE TO FROM HERE?
After the snubs, the show.
ACQUITTED
In a phenomenal display of cowardice.
MOVING THE NEEDLE
When vaccination schedules and touring schedules meet.
 Email

 First Name

 Last Name

 Company

 Country
CAPTCHA code
Captcha: (type the characters above)