| Business Summary | | Vivendi
Universal
is
a
global
media
and
communications
company
with
businesses
in
TV
and
Film,
Publishing,
Music,
Internet
and
Telecoms,
and
an
Environment
unit
that
provides
environmental
services.
On
December
11,
2000
Vivendi,
The
Seagram
Company
Ltd.,
and
Canal
Plus
S.A.
(Canal+),
completed
a
merger
agreement
made
on
June
20,
2000,
to
form
Vivendi
Universal.
The
merger
combined
Vivendi's
broad-based
telecommunications
assets,
which
include
high-speed
wireless
transmission,
fixed
and
wireless
communications
networks,
a
portfolio
of
Internet
web
sites
and
cable
and
satellite
transmission
networks;
the
Seagram
Company's
extensive
music
catalogue
and
film
and
television
libraries,
as
well
as
its
production
and
distribution
capabilities
through
Universal
Music
Group,
Universal
Studios
and
its
stake
in
USA
Networks;
and
Canal+'s
film,
broadcast
and
subscription
assets. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Vivendi
provides
a
broad
range
of
services
mainly
in
three
primary
business
sectors:
Communication,
Environmental
Services,
and
Construction
and
Real
Estate.
For
the
fiscal
year
ended
12/00,
revenues
rose
1%
to
EUR42.62
billion.
Net
income
under
U.S.
GAAP
totaled
EUR1.91
billion,
up
from
EUR246M.
Revenues
reflect
the
growth
in
the
Media
and
Communications
Segment.
Earnings
benefitted
from
increased
profitability
and
favorable
adjustment
under
U.S.
GAAP. | More
from
Market Guide: Significant
Developments |
| | |
| Position | Jean-Marie Messier | Chairman,
CEO | Edgar Bronfman, Jr. | Vice
Chairman | Guillaume Hannezo | CFO | Pierre Lescure | COO,
Director and Chairman of the Management Board of the Canal+ group | Eric Licoys | COO,
Director |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|