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On 11 December 2000 Vivendi Universal was created from the merger of Groupe Canal+, Canadian company Seagram Company Ltd (owner of Universal Studios), and Vivendi. [8] Vivendi Universal acquired MP3.com and the leading American publisher Houghton Mifflin in the year 2001.
As a committed group, Vivendi contributes to building more open, inclusive, and responsible societies by supporting diverse and inventive creative works, promoting broader access to culture, education, and its industries, and increasing awareness of 21st century challenges and opportunities.
Vivendi owns 80% of Universal Music Group, the largest music company in the world, with a diverse portfolio of artists, genres and businesses. It also operates music festivals and concert venues in France, the UK and Africa.
Jun 22, 2021 · PARIS, June 22 (Reuters) - Shareholders in Vivendi (VIV.PA) applauded on Tuesday the French media giant's plan to spin off its $39 billion Universal music business, underpinning Vincent...
Jun 22, 2021 · Vivendi, the French media group, has won the support of its investors for its plan to list 60% of UMG, the world's largest music label, on the Euronext Amsterdam. The deal follows a $4 billion investment by Bill Ackman's SPAC and a 20% stake by Tencent.
Jul 28, 2021 · PARIS, July 28 (Reuters) - Vivendi's most prized division Universal, the music label behind artists like Justin Bieber and Taylor Swift, drove group first-half results, bolstering its...
Feb 15, 2021 · Vivendi plans to spin out Universal Music Group, its biggest business, and distribute 60 per cent of the group’s share capital to its investors by the end of the year as it moves to capitalise...
