June 2000 • Rockbites Alternative Daily
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June 2000 • Rockbites Alternative Daily
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Global merger: Vivendi swallows Seagram 20 June 2000 Canadian conglomerate Seagram—which among other things owns big-five entertainment monolith Universal Music Group (parent of Polygram, Geffen, A&M, Island, Motown, Mercury, and many other labels) and partners with Viacom (who own MTV, SonicNet, Addicted to Noise, VH1, etc.)—has just been swallowed by bigger fish Vivendi of France for US$34 billion. Vivendi simultaneously purchased French television company Canal Plus. The combined entertainment death star weighs in with a worth of roughly US$100 billion. Their Orwellian slogan is 'committed to meeting your life’s ever-changing needs.' | BBC story | | Vivendi | | Seagram | | top of page | |
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