• Vivendi GC taking over as CEO

    Just three days after a federal jury decided that Vivendi SA must fork over $954.6 million in damages to Liberty Media Corp. for breach of contract, the French entertainment group’s CEO announced that he will step down from his position.

  • Vivendi ordered to pay $954.6 million in damages to Liberty Media

    Liberty Media Corp. has reason to celebrate. A U.S. federal jury yesterday awarded the U.S. cable operator nearly $1 billion in damages in a lawsuit it filed almost a decade ago against French entertainment group Vivendi SA.

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