26.07.2016 09:52:00
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Vivendi and Mediaset : Clarification
Regulatory News:
Vivendi (Paris:VIV) wishes to clarify that its CEO Arnaud de Puyfontaine, in a letter dated the 21st June, informed Mediaset Management of significant differences in the analysis of its subsidiary’s-Mediaset Premium- results, for which the two companies are currently in negotiations (cf Vivendi Press Release 8th April).
In addition the Group yesterday made a proposal to Mediaset to come to a new agreement, under different terms, so as to pursue discussions.
Vivendi confirms its desire to build a major strategic alliance with Mediaset and Mediaset Premium.
About Vivendi
Vivendi is an integrated media and content group. The company
operates businesses throughout the media value chain, from talent
discovery to the creation, production and distribution of content. The
main subsidiaries of Vivendi comprise Canal+ Group and Universal Music
Group. Canal+ is the leading pay-TV operator in France, and also serves
markets in Africa, Poland and Vietnam. Canal+ operations include
Studiocanal, a leading European player in production, sales and
distribution of film and TV series. Universal Music Group is the world
leader in recorded music, music publishing and merchandising, with more
than 50 labels covering all genres. A separate division, Vivendi
Village, brings together Vivendi Ticketing (ticketing in the UK, the U.S
and France), MyBestPro (experts counseling), Watchever (subscription
video-on-demand), Radionomy (digital radio), the Paris-based concert
venue L’Olympia, the CanalOlympia venues in Africa and the Theatre de
l‘Oeuvre in Paris. With 3.5 billion videos viewed each month,
Dailymotion is one of the biggest video content aggregation and
distribution platforms in the world.
Gameloft is a worldwide
leading video games on mobile, with 2 million games downloaded per day.
www.vivendi.com, www.cultureswithvivendi.com
View source version on businesswire.com: http://www.businesswire.com/news/home/20160726005619/en/
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