Business Services Industry
News pay-TV deal gets Messier.
Australasian Business Intelligence, December, 2001
Dec 19, 2001 (The Australian Financial Review
ABIX via COMTEX) -- Media giants, News Corporation and Vivendi, are negotiating an Italian pay-television takeover deal. It is not clear, however, which group will shoulder the burden of a $US2 billion loss incurred by the joint venture. In mid-December 2001, Italian authorities officially blocked the merger of Vivendi's Italian pay-television business, Telepiu, with its rival, Stream. Stream is a joint venture between News and Telecom Italia. Some $US2.5 billion has been invested in the loss-making venture. The head of Vivendi Universal, Jean-Marie Messier, said that the French group is now close to a deal to take full control of Stream.
NEWS CORPORATION LIMITED - ASX NCP: VIVENDI UNIVERSAL: TELECOM...
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- LIFO vs. FIFO: a return to the basics
- Design a commission plan that drives sales - Sales Commissions
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
