VIVENDI UNIVERSAL SINKS INTO THE RED AGAIN

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	FORMER VIVENDI CHIEF MESSIER RELEASED ON $1.6-MILLION BOND Jun 23 2004
	Former Vivendi Universal CEO Jean-Marie Messier posted a $1.6-million bail on Tuesday after being arrested (more)
	VIVENDI UNIVERSAL PROBE FOCUSES ON FORMER CFO Jun 8 2004
	Vivendi Universal's former CFO, Guillaume Hannezo, has become the object of an investigation by French (more)
	WRAPPING UP THE VIVENDI MESS Apr 15 2004
	John Luczycki, charged with being one of the primary chefs in Vivendi Universal's alleged effort (more)

VIVENDI UNIVERSAL SINKS INTO THE RED AGAIN
Tuesday, September 14 2004

Vivendi Universal reported a higher-than-expected second-quarter loss of $2.27 billion compared with a loss of $384 million during the comparable quarter a year ago. The company blamed the weaker U.S. dollar, the legal costs involved in selling its U.S. entertainment assets to NBC, and big losses at its video games unit. On the other hand, sales rose at the company's music unit, Universal Music, and its French pay-TV company, Canal Plus.

VIVENDI SELLS OLDEST STUDIO IN EUROPE
Wednesday, July 14 2004
Vivendi Universal, which is still engaged in erasing the prodigious amount of red ink staining its accounts, has agreed to sell its money-losing Babelsberg Studios in Germany for one euro ($1.23). The German group of buyers, who will assume the studio's debt, will also receive $22 million from Vivendi to pay off part of the studio's massive debt. Since Vivendi acquired Babelsberg, believed to be the oldest continuously operating movie studio in Europe -- it (more)

DILLER WINS COURT CASE AGAINST VIVENDI
Friday, July 2 2004

A Delaware judge has sided with Barry Diller's InterActiveCorp and has ordered Vivendi Universal to pay up $600 million in tax payments. Vice Chancellor Stephen P. Lamb of Delaware Chancery Court ruled that the deal between InterActiveCorp and Vivendi was "clear as day" on the matter of taxes. Vivendi announced plans to appeal. (more)