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Vivendi Still Bullish on UMG-EMI

VIVENDI STILL BULLISH ON UMG-EMI: With the recent departure of Vivendi Chief Executive Jean Bernard-Levy, Chairman Jean-Rene Fourtou has taken a prominent role in supporting UMG’s acquisition of EMI. “Mr. Fourtou is committed to Universal’s strategic ambitions,” Levy e-mailed employees in a correspondence reported by Bloomberg. A subsequent Financial Times story indicates Fourtou is taking a lead role in persuading regulators to approve the deal. UMG late last week responded to the European Union’s list of objections to the proposed merger, with a decision expected as early as this week. Last week, Sony/ATV’s acquisition of EMI Music Publishing was apporoved by the U.S. Federal Trade Commission after getting an EU OK. (7/9a)

A STAR-SPANGLED
HITS LIST
It's now or never. (7/1a)
BST HYDE PARK: BIGGER THAN EVER
It's the U.K. equivalent of July 4 fireworks. (7/1a)
SADDLE UP:
BEYONCÉ UNVEILS RENAISSANCE ART
She's not horsing around. (7/1a)
SONG REVENUE: DRAKE TAKES
THE CAKE
The rich get richer. (7/1a)
UMG ACQUIRES ALL THINGS ZAPPA
Who's gonna "Freak Out" over this acquisition? (7/1a)
SUPERSTAR RELEASES
Who's next?
MUSIC BIZ SPECIAL
It's Comic-Con for numbers geeks.
THE BIG CHEESE
Theories of evolution from 30,000 feet.
THE NEXT GIANT DEAL
A&R in overdrive.
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