VIVENDI SELLS ITS LAST STAKE IN UNIVERSAL
January 27, 2011 by admin · Leave a Comment
French conglomerate Vivendi is now out of the Hollywood studio business. In 2004, it sold 80 percent of Universal Studios and its cable networks, including USA and what is now SyFy, to NBC for $14 billion. On Wednesday it completed its sale of the remaining 20 percent of the company for $5.8 billion, allowing NBC […]
