SECOND ROUND OF BIDS
COMES INTO VUE

What’s $14 billion Between Friends?

The second round of bids for Vivendi Universal’s entertainment assets were due yesterday, with Liberty, Edgar Bronfman Jr.’s group, NBC and Viacom all reportedly still in the hunt to varying degrees.

No word on if any of the bidders hit the $14 billion price tag.

The next step is for Vivendi Universal and its investment bankers to evaluate the proposals and discuss them at an Aug. 25 board meeting. The process is likely to be finished by early Sept. or as soon as the end of the month.

Both Liberty and the Bronfman group’s offers were for Universal's movie studio, theme parks and TV businesses, while the NBC proposal is for a joint-venture and a merger of assets. Viacom is reportedly only interested in VUE’s cable networks, USA and Sci Fi.

BACK TO RUMOR MILL

		HITS LIST: HORSEPOWER VRRMMMM (5/17a) Check It Out Now NEAR TRUTHS: VARIANTS Celebrity death match underway on album chart (5/17a) Check It Out Now OH, TANNENBAUM! ANOTHER GREAT CAREER HITS THE SKIDS Another talented journalist trapped in the career cul de sac (5/17a) Check It Out Now THE COUNT: LIVE NATION TAPS TYLER, POST, BLINK FOR TOP U.S. FESTS Cornering the market on surefire headliners (5/17a) Check It Out Now STAPLETON, WILSON BIG WINNERS AT THE ACMs A genre mash-up at the home of the Cowboys (5/17a) 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!

rumor mail

Email

First Name

Last Name

Company

Country
CAPTCHA code

Captcha: (type the characters above)

By clicking submit you are agreeing
to Terms and Conditions

SECOND ROUND OF BIDS COMES INTO VUE

Modal

SECOND ROUND OF BIDS
COMES INTO VUE