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BUSINESS BRIEFS.(TO THE POINT)

Investor's Business Daily

| August 01, 2003 | COPYRIGHT 2003 Investor's Business Daily, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

MEDIA

Vivendi's Q2 sales missed views

The French media giant's sales fell 60% to $7 bil and were short of forecasts for $6.4 bil. Vivendi Universal blamed asset sales, a weak dollar and strong year-ago sales for the drop. Only Canal Plus, its pay-TV unit, had sales above views. The results raise concerns Vivendi may get a lower price for its U.S. entertainment assets.

** NBC is offering $3.5 bil cash as part ...

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