VIVENDI's most important industries

Vivendi a world leader in communications and entertainment

#1 Video Games Worldwide
#1 Music Worldwide
#2 Telecoms France
#1 Telecoms Morocco
#1 Pay-TVFrance

VIVENDI finds contracts with APPLE indecent

Even though Universal Music Group gets € 0,70 per download out of 0,99€ retail price that is charged by iTunes, Vivendi's CEO wants to negotiate better contracts for more share on the revenues!!!

PARIS — Vivendi condemned as "indecent" the contract terms between its Universal Music Group (UMG) unit and Apple Inc., the computer maker whose iTunes online store dominates the digital music market.

Vivendi is one of many large media companies that are trying to challenge Apple's grip on the digital entertainment market and obtain more control over pricing. It said it was in talks with rival distributors.

"The split between Apple and (music) producers is indecent ... Our contracts give too good a share to Apple," Vivendi Chief Executive Jean-Bernard Levy told reporters at a gathering on Monday organized by the association of media journalists in France.

I think this is one of the few entertainment corporations that seems to be healthy! Let's invest invest invest...Here are the results for the first quarter in 2009


Vivendi: Revenues up 23.7%
EBITA up 15.8%
2009 Outlook Confirmed

First quarter of 2009 • Revenues: €6.5 billion, an increase of 23.7% and 22.1% at constant currency compared to the first quarter of 2008.
• Strong operating performance. Expected synergies delivered following recent
acquisitions.
• EBITA1: €1.4 billion, an increase of 15.8% and 13.8% at constant currency
compared to the first quarter of 2008.
• Adjusted net income2: €649 million, down €48 million compared to the first
quarter of 2008. This decrease is mainly due to the increasing interest and
share of earnings attributable to minority interests.
• 2009 outlook confirmed: strong growth of EBITA.

2009-05-29

Price Share: 18,56€


Vivendi declared in May 20th that it is carrying out a capital increase reserved for employees of the Group.
Share capital: € 6,439,214,545.50

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As we know the music industry is searching for new opportunities and ways to generate profits!
Here is a short article about Universal's online strategy:

A pending executive shuffle at Universal Music Group, the world's largest recorded-music company by sales, illustrates how labels have yet to find a truly money-making online strategy despite repeated attempts.

Universal is preparing to move Rio Caraeff, the top executive in its digital-business division, to head a new venture called Vevo, which aims to generate increased advertising revenue from online music videos. Though Vevo is being developed with technical help from Google Inc., it is being funded and built by Universal, a division of Vivendi SA.

Vivendi Price per Share 2009-05-28

18,75€

Vivendi Group

Hi this is Guenes from MGT 656!

The global media sector has changed a lot in recent years!
I will post about Vivendi (a global entertainment company) and its recent developments! Since it Vivendi is present in several media industries, in the most cases I will focus on Universal Music which is incorporated in the Vivendi Group but also give some information about the whole corporation.

Vivendi SA (formerly known as Vivendi Universal) is a French international media conglomerate with activities in music, television and film, publishing, telecommunication, the internet, and video games.


Profit ▲ €2.735 billion (2008)

Guenes