0
General

Vivendi posts 5.6% organic revenue growth in Q3, moves ahead with Universal Music stake sale

Friday 16 November 2018 | 10:23 CET | News
Vivendi reported group revenues of EUR 3.38 billion for the third quarter, representing an organic growth rate of 5.6 percent year-on-year. Universal Music remained the group's leading revenue-generating business, with sales worth EUR 1.50 billion, and the best performing division, posting an organic growth rate of 13.5 percent.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Categories: General
Companies: Canal Plus / Universal Music / Vivendi
Countries: France / World
::: add a comment

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

French broadcaster TF1 and Canal Plus end dispute with new distribution agreement

Published 15 Nov 2018 11:58 CET | France
TF1 and Canal Plus announced that they have agreed new terms for the distribution of TF1's five free-to-air channels and MyTF1 ...

Vivendi blasts TIM's EUR 2 bln writedown

Published 09 Nov 2018 11:48 CET | Italy
Vivendi has again criticised the performance of Telecom Italia (TIM) since activist fund Elliott seized control of the operator's ...

Canal Plus renewed funding deal with French film industry clears way for shorter movie release windows

Published 09 Nov 2018 09:21 CET | France
Canal Plus announced that it has signed a four-year contract renewing its commitment to fund the French film industry, following ...

Vivendi's appeal over TIM-Mediaset stakes referred to ECJ

Published 06 Nov 2018 14:23 CET | Italy
The Regional Administrative Court of Lazio, the main Italian administrative court of first instance, has asked the European Court ...

Universal targets Africa in licensing deal with Boomplay

Published 06 Nov 2018 09:55 CET | Africa
Universal Music Group has struck a multi-year licensing deal in Africa with Boomplay, an African music streaming service. UMG's ...

Canal Plus wins back French rights to English Premier League football

Published 01 Nov 2018 09:34 CET | France
French broadcaster Canal Plus announced that it has secured exclusive rights to the English Premier League football championship ...

Vivendi to sell up to 50% of Universal Music, to acquire publishing group Editis

Published 31 Jul 2018 10:25 CET | World
Vivendi plans to sell up to 50 percent of Universal Music's share capital to one or more strategic partners, and expects to ...