Quantcast
RUMOR MILL
Back to Rumor Mill >
Wednesday, March 14, 2001

MIDDELHOFF STEPS DOWN
FROM VU BOARD

Bertelsmann Chief To Focus More Energy On Making Napster Viable, Invading Poland
German media giant Bertelsmann AG said on Tuesday (3/13) that, as was generally expected, CEO Thomas Middelhoff was standing down from Vivendi Universal's board to avoid possible future conflict of interest. Bertelsmann and the recently merged Vivendi Universal are Europe's two largest media groups.

Middelhoff joined the board in May 1999 as an independent director.

A Bertelsmann spokesman—or would it be spokesmann?—said Middelhoff's departure from the VU board did not reflect souring relations between the two companies.

"Middelhoff and (VU CEO) Jean-Marie Messier both decided that because of possible conflict of interest that Middelhoff would leave the board," the spokesman said. "But there is still tight cooperation between the two companies."

I think we all know what "tight cooperation" between the Germans and the French means.

Bertelsmann and Vivendi Universal are currently discussing possible cooperation on European sports rights, and industry sources said the two companies were in talks regarding a number of deals in television, publishing and music.

 
BACK TO RUMOR MILL
 
HITS LIST BLASTS OFF
Space is the place for Tay. (4/26a)
Check It Out Now
SONG STREAMS: SWIFT SETS STREAMING RECORD
What did you expect? (4/26a)
Check It Out Now
SPRING BREAKOUTS: THESE HEATERS ARE STILL HOT
Who's Boomin who. (4/26a)
Check It Out Now
SONG REVENUE: “SWEET” SMELLS OF SUCCESS
Life after "Church" (4/26a)
Check It Out Now
STAGECOACH: SETS TO SEE AND PLACES TO BE
Saddle up, cowboys and cowgirls. (4/26a)
Check It Out Now
THE NEW UMG
Gosh, we hope there are more press releases.
TIKTOK BANNED!
Unless the Senate manages to make this whole thing go away, that is.
THE NEW HUGE COUNTRY ACT
No, not that one.
TRUMP'S CAMPAIGN PLAYLIST
Now 100% unlicensed!
 Email

 First Name

 Last Name

 Company

 Country
CAPTCHA code
Captcha: (type the characters above)

By clicking submit you are agreeing
to Terms and Conditions