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" Diller, 61, remains chief executive officer of USA Interactive, which operates the Home Shopping Network, Ticketmaster, Match 41 in midday trading on the New York Stock Exchange, where Vivendi's U Former oilman Marvin Davis has offered $20 billion for VUE, plus Universal Music Group S shares rose 35 cents to $15 Cash-strapped Vivendi wants to sell Universal Studios, its Universal theme parks and television production company -based entertainment assets last year while Vivendi Universal concentrated on repaying a massive debt com and Expedia, among other companies, and has a 5 percent stake in VUE "My executive role was never intended to be permanent," Diller said in a statement Wednesday S Diller served as co-CEO with Vivendi Universal chairman Jean-Rene Fourtou 08, or nearly 8 percent, to $24 Vivendi also is holding talks with Viacom, MGM and other buyers interested in acquiring all or parts of its entertainment companies Shares of USA Interactive fell $2 Vivendi Universal's Head Resigns Mar 19, 12:36 PM EST Barry Diller resigned as co-chief executive of Vivendi Universal Entertainment, saying it was appropriate for him to step down while Paris-based Vivendi Universal entertains bids for Universal Studios, Universal's theme parks and other entertainment assets Diller was appointed interim CEO of Vivendi Universal's U "Now that Vivendi Universal has begun a formal process in reviewing options for its entertainment assets, it is appropriate to step aside from any direct management responsibility 15 It was not immediately clear why the talks ended just before the Yankees open their season Two mediators, Richard Aurelio and Gerry Levin, asked that they be removed from the negotiations, the mayor said The mayor had helped orchestrate what was billed earlier this month as an interim agreement between the two companies, whose pricing dispute had meant that no Yankee games were carried on Cablevision last season "Unfortunately, at the moment, Cablevision and the YES Network are unable to agree on the details of the previously announced agreement to have Yankees games carried on the Cablevision cable systems," Bloomberg said in a statement YES, Cablevision Snag Risks Yankees Games Mar 28, 2:04 PM EST Negotiations have broken down between the YES Network and Cablevision to carry Yankee games to 3 million metropolitan homes this season, Mayor Michael Bloomberg said Friday The season begins Monday The collapse of the talks jeopardized the telecasts of Yankee games, less than a month after the two sides had vowed to work out their differences on behalf of the fans |
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