Seagram has merged with Vivendi and Canal Plus to create the world's second biggest media group.
Based on the latter number, Vivendi sells for just 14 times its 2005 forecast.
But big cable channels like Disney's ESPN and Vivendi's USANetwork could be hurt, too.
Ownership of NBC Universal is split between GE (which holds 80%) and Vivendi, a French conglomerate.
And, despite the ongoing verbal assaults, American women have actually established a modus vivendi.
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Vivendi's involvement in the sale of the Zain assets soon ended, the testimony says.
Edgar Jr. became executive vice chairman of Vivendi, and Messier became chairman and CEO.
How long would Vivendi wait before it starts jumping ship on the open market?
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All of which suggests that there is no easy way out for Vivendi Universal.
Going back to the Vodafone-Vivendi deal, both companies considered the move strategic and beneficial.
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Because it already fully consolidates Cegetel, Vivendi will get no boost to its earnings.
Vivendi shareholders will retain a 20% stake in the new company, to be called NBC Universal.
This week Mr Fourtou confirmed that he was considering a spin-off of Vivendi's American holdings.
Cegetel generates a lot of cash and a disproportionate chunk of Vivendi's profits (see chart).
Having sent other suitors packing, Vivendi is in a weaker position than it was.
In Vivendi's case, among other factors, hidden information about inter-company loans almost brought the company down.
Vivendi's board will meet to take a final decision by the end of August.
Today, the overriding U.S. strategic objective in Asia is to find a modus vivendi with China.
For example, on Thursday, Yahoo said it had joined an alliance between Vivendi Universal and Sony.
Last year, Mr Roberts considered bidding for the American entertainment assets of Vivendi, a French group.
Gerbrandt adds that having Diller on board would make an NBC deal much easier for Vivendi.
Last year Canal Plus made an operating loss of euro374m and drained euro500m of cash from Vivendi.
Vivendi said it aimed to get its debt down to 13bn euros by the end of 2011.
Vivendi admits that mostly unknown artists post their work on the site, hoping to gain a following.
Assuming Vodafone acquires Mannesmann, Vivendi Communication will buy a further 7.5% stake in Cegetel, giving it control.
But should the two be barred from pairing, that may make NBC a more attractive Vivendi target.
Vivendi Universal may be falling apart, but Mr Parsons believes that AOL Time Warner will continue to expand.
French media and telecoms giant Vivendi has seen its profits fall, but its results still beat analysts' forecasts.
He remains vice chairman of Vivendi, and his family still holds a 4.9% stake in the fractured empire.
Vivendi then lowered its premium target from 20% to 12% in an attempt to seek an interested party.
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