PARIS: Vivendi says it now owns 20 percent of Mediaset's share capital, just two days after announcing it had picked up a 3-percent stake in the company.
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MILAN/PARIS: Vivendi has acquired 3 percent of Mediaset and aims to acquire up to 20 percent of the firm in a move the Italian media company has labeled as the beginnings of a hostile takeover attempt.
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PARIS: Vivendi and Canal Group have aligned with eSports giant ESL in a pact that encompasses the launch of official leagues in France and television coverage.
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PARIS: Vivendi has implemented a plan to reduce costs at CANAL+ by €300 million ($339 million), of which around €60 million ($68 million) to €80 million ($90 million) will be realized this year.
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PARIS: Vivendi’s Q1 2016 revenues were relatively stable at 2.5 billion euros ($2.8 billion), but adjusted net income dropped by more than 27 percent to 99 million euros ($113 million).
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