Vivendi is Ubisoft’s Largest Shareholder
September 29 2016 - 12:10PM
Business Wire
Regulatory News:
Today, Vivendi (Paris:VIV) took part in Ubisoft’s General
Shareholders Meeting, where it is the largest shareholder, holding
22.8% of the share capital.
Vivendi holds its shares in registered form with a view towards
long-term share ownership and enjoying a double voting starting
from 2017.
Vivendi considers that it would be good corporate governance for
it to be represented on the company’s Board of Directors
considering its level of equity interest. In the meantime, it
abstained from the vote on the resolutions. As a result,
resolutions 22, 23, 24 and 25 presented by the Board failed to
pass.
Moreover, having taken full control of Gameloft, which employs
6,000 people and is experiencing satisfactory growth, Vivendi will
pursue its strategy in video games, which complements the content
it develops in the fields of music (Universal Music Group) and
television (Canal+ Group) as well as its interests in distribution
(FNAC), in audiovisual production (e.g. Banijay) and in Telecom
Italia and Telefonica.
About VivendiVivendi is an integrated media and content
group. The company operates businesses throughout the media value
chain, from talent discovery to the creation, production and
distribution of content. The main subsidiaries of Vivendi comprise
Canal+ Group and Universal Music Group. Canal+ is the leading
pay-TV operator in France, and also serves markets in Africa,
Poland and Vietnam. Canal+ operations include Studiocanal, a
leading European player in production, sales and distribution of
film and TV series. Universal Music Group is the world leader in
recorded music, music publishing and merchandising, with more than
50 labels covering all genres. A separate division, Vivendi
Village, brings together Vivendi Ticketing (ticketing in the UK,
the U.S and France), MyBestPro (experts counseling), Watchever
(subscription video-on-demand), Radionomy (digital radio), Olympia
Production, the L’Olympia and the Theâtre de L‘Oeuvre venues in
Paris and the CanalOlympia venues in Africa. With 3.5 billion
videos viewed each month, Dailymotion is one of the biggest video
content aggregation and distribution platforms in the world.
Gameloft is a worldwide leading video games on mobile, with 2
million games downloaded per
day.www.vivendi.com, www.cultureswithvivendi.com
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