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EU Regulators Clear NBC-Vivendi Deal Dec 19, 4:25 PM EST European Union regulators on Friday approved the acquisition of Vivendi Universal SA's U " In trading on the New York Stock Exchange, GE shares were up 4 cents to close at $30 Under the deal reached in October, NBC will own 80 percent of the new company, while Vivendi the remaining 20 percent Federal Trade Commission and expect to close the deal "as early as possible in the first half of 2004 shares were down 8 cents to close at $23 The deal passed quickly through the European Commission's antitrust unit because "it has only a limited impact in Europe," the EU said The proposed transaction is still being reviewed by U regulators S With $13 billion in annual revenues, the combined NBC Universal will still be smaller than the largest media conglomerates like AOL Time Warner Inc , which had revenues of $41 billion last year, or Walt Disney Co entertainment assets by General Electric Co Cory Shields, a spokesman for NBC, said the two sides continue to work with the U The EU Commission used its simplified antitrust procedure which clears mergers or acquisitions after one month if no objections are raised by third parties S NBC is paying Vivendi $3 S 8 billion in cash and is assuming $1 The new company's assets include the NBC Television network; cable networks - USA Network, Sci-fi Channel, CNBC, MSNBC, Bravo, Trio; Universal Pictures; Universal Television; stakes in five theme parks; and Spanish-language television broadcaster Telemundo 88 S 89, while Vivendi's U with $25 billion 7 billion of Vivendi's debt in the deal 's NBC division The deal will allow cash-strapped Vivendi to complete its $20 billion asset disposal program by the end of next year and reduce the company's heavy debt load to under $5 billion "Daniel, Daniel, Daniel," chanted a crowd of teenage girls, as Daniel Radcliffe, the young actor who plays the boy wizard, arrived for the screening of "Harry Potter and the Chamber of Secrets But soon he is forced to confront a sinister force that is intent on terrorizing the school 15 One star absent from premier was the late Richard Harris, who played Professor Albus Dumbledore "He would have liked to have been here tonight," Radcliffe said " In the United States, the film was released as "Harry Potter and the Sorcerer's Stone " In the film, based on the novel by J Rowling, the young wizard-in-training enrolls for his second year at Hogwarts " "It is really strange, but very exciting," Radcliffe said of the enthusiasm that greeted him upon his arrival at the Odeon cinema in London's Leicester Square Robbie Coltrane, who plays the half-giant Hagrid, also received a warm welcome from the crowd, which lined the famous square and stood in a specially constructed stand decorated in the colors of the story's Hogwarts School of Witchcraft and Wizardry They cheered wildly at the arrival of Rupert Grint, who plays Harry's ginger-haired friend Ron Weasley, and Emma Watson, who stars as schoolmate Hermione Granger K " Director Chris Columbus has described the new film as "darker and funnier" than the last, with the character of Harry exuding "more confidence and strength " The film opens in Britain and the United States on Nov We did some very emotional scenes together It is very hard "Harry Potter and the Philosopher's Stone" remains the second biggest film of all time â€â€? second only to "Titanic" â€â€? and has grossed $975 million worldwide Actor Kenneth Branagh joined the cast as Gilderoy Lockhart, Professor of Defense Against the Dark Arts New Potter Film Makes Strong Debut Nov 3, 4:50 PM EST LONDON (AP) â€â€? Dressed in wizards' hats and witches' robes, hundreds of screaming fans greeted the stars of the new Harry Potter movie at its glitzy world premiere Sunday in London Alan Rickman, Maggie Smith, Harris and Coltrane resume the roles they played in the first Potter film, "Harry Potter and the Philosopher's Stone Aided by his friends Ron and Hermione, Harry rides to the rescue "He liked a good party He died late last month of Hodgkin's disease Fans waited several hours, braving rain and wintry weather, in the hope of getting a glimpse of the film's cast |
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