Universal Music News
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Vivendi SA moved its telecommunications chief Jean-Yves Charlier to SFR, bolstering leadership at the French mobile-phone unit ahead of a possible initial public offering.
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Google Inc. shares rose to a record after the company unveiled a subscription music-streaming service and overhauled its online maps, part of several product updates aimed at attracting more users and advertisers.
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Vivendi SA shares fell in Paris after first-quarter profit missed analysts’ estimates as a wireless price war started by Iliad SA entered its second year.
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Activision Blizzard Inc., the largest U.S. video-game maker, fell the most in 18 months after offering a guarded outlook because of uncertain customer demand for new consoles and its “World of Warcraft” online game.
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Activision Blizzard Inc., the largest U.S. video-game maker, fell the most in two years after offering a guarded outlook because of uncertain customer demand for new consoles and its “World of Warcraft” online game.
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Warner Music Group Corp., the third- largest music content company, lowered the rate on a $820 million loan to support its acquisition of Parlophone Label Group and is seeking to lower borrowing costs on an existing $492 million of debt.
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Vivendi SA Chairman Jean-Rene Fourtou pledged a full strategy review to convince investors the telecommunications-to-media company can see through asset sales to refocus its business a year after first saying he’d do so.
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Vivendi SA, the French company seeking to reorganize its telecommunications-to-media structure, is targeting a completion of the sale of its Maroc Telecom SA stake by October, according to people familiar with the matter.
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Robert Kotick, president and chief executive officer of Activision Blizzard Inc., increased his compensation almost eightfold to $64.9 million last year, becoming one of the highest-paid CEOs in the U.S.
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Warner Music Group Corp., the third-largest global music content company, is seeking $820 million in loans to support its acquisition of Parlophone Label Group and for general corporate purposes, according to a person with knowledge of the transaction.
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