Vivendi sales send 権利 signal

By Ross Tieman
Updated: 00:00 BST, 10 February 2003

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MEDIA group Vivendi 全世界の／万国共通の 解除するd sales 6% to e61bn (£40.4bn) last year thanks to a strong 業績／成果 from its 核心 French telecoms 商売／仕事, now 強固にする／合併する／制圧するd after buying out BT Group.

But stripped of 歳入s from e8.35bn of 商売／仕事s it has now sold - 含むing a controlli ng 火刑／賭ける in 公共事業（料金）／有用性 company Vivendi Environnement - sales halved to e28.1bn.

歳入s from 現在進行中の 商売／仕事s rose 11%, 反映するing the 運動 by 長，指導者 (n)役員／(a)執行力のある ジーンズ-Ren? Fourtou, 運ぶ／漁獲高d in last July to 取って代わる 追い出すd VU creator ジーンズ-Marie Messier, to shed loss-making and underperforming activities.

株 in the group, 負かす／撃墜する almost 18% over the past month on 関心s surrounding Fortou's 回復 戦略, 解除するd 2.9% to e14.40 as the results raised hopes that the group's 財政上の 危機 is 緩和.

Fourtou gave no 手がかり（を与える）s about the 進歩 of buyout 会談 with Barry Diller, 長，率いる of VU's American entertainment 商売／仕事, or with US 投資家 Marvin Davis, who has （米）棚上げする／（英）提議するd an 申し込む／申し出 of e20bn. The 会談 are 複雑にするd by US 税金 considerations, and by VU's 義務 to 支払う／賃金 Diller e2bn if Vivendi 全世界の／万国共通の Entertainment is sold, 加える another e1bn to e2bn to the Bronfman family, who have 注入するd 資産s.

With 70% of Cegetel now in its しっかり掴む, and 56% of フラン's No 2 動きやすい phone company SFR, VU drew e7.12bn of turnover from telephony last year, with underlying growth there of 11%.

The music 商売／仕事, though, saw sales 落ちる 4% to e6.3bn in a difficult market, にもかかわらず strong 業績／成果s from The Eminem Show and the 8 Mile soundtrack, 加える big-selling albums from Shania- wain, Nelly, U2, Ashanti, Nirvana, Enrique Iglesias and Bon Jovi.

Vivendi 全世界の／万国共通の Entertainment 利益d from the 取得／買収 last May of USA 網状組織s to 解除する 歳入s 27% to e6.3bn. 全世界の／万国共通の Pictures 得点する／非難する／２０d with Red Dragon 生成するing $220m (£135m) at box offices 世界的な, and 8 Mile, with its Eminem soundtrack, looks like another blockbuster, taking $116m at US box offices.

In フラン, the third 脚 of the group, the Canal 加える 支払う／賃金-TV chain, remained racked by 不一致s over its direction. But it raised 歳入s 6% to e4.8bn.

Vivendi 全世界の／万国共通の Games, based in the US, 解除するd 十分な-year 歳入s 21% to e794m, as the ビデオ games market began to 配達する its long-先触れ（する）d 回復. The year 's big 攻撃する，衝突するs 含むd Warcraft 111, Nascar 2002 and 衝突，墜落 Bandicoot.