Europe's largest publicly traded media company was formed last year when Vivendi purchased Seagram, owner of Universal Music Group and Universal Studios, and Canal Plus, Europe's biggest pay- television company, for about $40 billion.
Revenue from Vivendi's media and communications unit more than doubled to 5.85 billion euros (just think of it as European Monopoly money) in the first quarter from 2.86 billion euros last year. Revenue from the company's environmental services businesses also rose.
Vivendi Universal shares rose as much as 1.1%, or 85 cents, to 77.65 euros.
OH, TANNENBAUM! ANOTHER GREAT CAREER HITS THE SKIDS
Another talented journalist trapped in the career cul de sac (5/17a)
THE COUNT: LIVE NATION TAPS TYLER, POST, BLINK FOR TOP U.S. FESTS
Cornering the market on surefire headliners (5/17a)
STAPLETON, WILSON BIG WINNERS AT THE ACMs
A genre mash-up at the home of the Cowboys (5/17a)
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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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