Media Industry
Industry: Email Alert RSS FeedThe Vivendi Saga continues: Diller still angling for Universal, USA Networks. (Top of the Week).(Vivendi Universal)
Broadcasting & Cable, January, 2003 by Higgins, John M.
Barry Diner and Vivendi Universal CEO Jean-Rene Fourtou met last week to hash out the future of the ailing French company's TV and movie assets, but there was no showdown--or resolution.
The two executives hooked up in NewYork as part of a budget review of the Vivendi Universal Entertainment (VUE) division, of which Diller serves as chairman even though he's also chairman and CEO of USA Interactive. Diller is angling to secure control of Vivendi's Universal movie studio and USA Networks operation, with backing from Liberty Media.d
Fourtou, in turn, is courting other suitors including former Fox boss and Diller enemy Marvin Davis and broadcast network NBC, which acknowledged last week that it has talked to Vivendi about some of its entertainment...
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