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4 billion, despite revenue declines in its publishing and music divisions Since the beginning of July, Vivendi has sold assets for a total of $5 Vivendi Universal Revenues Rise Nov 12, 10:43 AM EST PARIS (AP) â€â€? Vivendi Universal said third-quarter revenues for Vivendi Universal, excluding its utilities unit Vivendi Environnement, grew by 1 percent to $7 30, Vivendi's Canal Plus subscription television group showed some improvement, with revenue growing 4 percent to nearly $1 2 billion in the third quarter 3 billion euros $1 But Vivendi's Universal Music Group saw revenues fall 9 percent to 1 The sales are being forced by the massive debts created under former chairman Jean-Marie Messier, who spent billions trying to transform Vivendi into a media and entertainment behemoth S For the three months ending Sept Vivendi last week expressed interest in selling half of that stake 3 billion, the company said At the end of 2001, debt stood at $18 98 5 billion in the first nine months of 2002, up 9 percent over the same period last year Messier accumulated the biggest debt load in French corporate history The declines were even steeper in its publishing business, which saw revenues plummet 14 percent to $1 01 billion, including Italian digital television arm Telepiu, European publishing assets Vivendi Universal Publishing, encryption software editor Canal Plus Technologies, and Internet portal Vizzavi 65 billion Earnings and earnings-per-share information was not released by the company The report, released Monday, comes as the media, entertainment and utilities conglomerate faces continuing pressure to improve its balance sheet and convince investors that its business is sound 4 percent position shares of Vivendi fell 54 cents to $12 In a news release, the company said revenues grew to $44 2 billion In morning trading on the New York Stock Exchange, U The results exclude the effects of the Vivendi Environnement utility business, in which Vivendi has a 40 A segment on her visit will air soon on The Oprah Winfrey Show "It was amazing Winfrey arrived unannounced Friday afternoon "It's not often you come to visit a friend and get a parade We all got to meet her and she was so nice Oct 19, 3:24 PM EST Oprah Winfrey took a fan up on her offer and made a surprise visit to Louisiana's oldest town Oprah Visiits Natchitoches, La You should come and visit," according to Winfrey She told us that she didn't want to rain on our parade," Laci Stokes said " Northwestern State University's homecoming queen said she didn't mind sharing the spotlight Only in Natchitoches Peggy Plunkett was in the audience at a taping of The Oprah Winfrey Show two weeks ago when she stood up and said: "Oprah, everybody in Natchitoches loves you "I said I can't believe there's a town where everybody loves me," Winfrey said She had lunch at a local restaurant, joined Northwestern State University's homecoming parade and spoke at a pep rally for the school's sports program |
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