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Universal sells Vizzavi stake.

Music Week

| September 07, 2002 | COPYRIGHT 2002 UBM Information Ltd. 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

Music content from Universal Music Group acts such as Eminem and U2 will remain a key plank of the service provided by Vizzavi, despite Vivendi Universal's announcement last Friday to sell its half-share in the two-year-old mobile content platform.

Vivendi Universal, which launched Vizzavi in May 2000 in partnership with Vodaphone, sold its 50% stake in the joint venture to the mobile operator for 142.7m [euro] as part of its previously-stated aim to dispose of 10bn [euro] worth of non-core assets.

Both Vivendi Universal and Vizzavi, however, insist that the ...

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