Vivendi Still Bullish on UMG-EMI

VIVENDI STILL BULLISH ON UMG-EMI: With the recent departure of Vivendi Chief Executive Jean Bernard-Levy, Chairman Jean-Rene Fourtou has taken a prominent role in supporting UMG’s acquisition of EMI. “Mr. Fourtou is committed to Universal’s strategic ambitions,” Levy e-mailed employees in a correspondence reported by Bloomberg. A subsequent Financial Times story indicates Fourtou is taking a lead role in persuading regulators to approve the deal. UMG late last week responded to the European Union’s list of objections to the proposed merger, with a decision expected as early as this week. Last week, Sony/ATV’s acquisition of EMI Music Publishing was apporoved by the U.S. Federal Trade Commission after getting an EU OK. (7/9a)

BACK TO RUMOR MILL

		UMG AND TIKTOK WORK IT OUT The kerfuffle is in the past. (5/2a) Check It Out Now LUCIAN SOUNDS OFF ON UMG/TIKTOK DEAL A breakdown from the boss (5/2a) Check It Out Now HITS LIST: HANGIN' OUT With extra relish (5/3a) Check It Out Now LIVE NATION POSTS (ANOTHER) RECORD QUARTER More butts in seats than ever before. (5/3a) Check It Out Now A POST-WALLEN AFFAIR A dynamic duo, y'all (5/3a) 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!

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Vivendi Still Bullish on UMG-EMI

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