The company reported that pro forma EBITDA was $6.73 billion (7.21 billion euros) last year, up from $4.54 billion (4.86 billion euros) in 1999.
VU's music unit UMG had pro forma EBITDA of $1.08 billion (1.16 billion euros) in 2000.
Chairman/CEO Jean-Marie Messier said Friday (3/9) in Paris that Vivendi Universal was on track to meet earnings growth targets after its merger with Seagram and Canal Plus. Messier was joined by company Vice Chairman Edgar Bronfman Jr. and Canal Plus Chief Pierre Lescure at the news conference.
Revenue was up marginally to $38.8 billion (41.8 billion euros).
What do all these big numbers mean? We figured we'd just allow our readers to interpret them anyway they'd like.
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!
|