Vivendi Will Appeal U.S. Court Ruling In Liberty Media Lawsuit
PARIS -- January 9, 2013
Vivendi (Paris:VIV) announced today that a New York court confirmed a €765
million jury verdict rendered against Vivendi on June 25, 2012 in a lawsuit
filed by Liberty Media Corporation.
The Court awarded prejudgment interest at the low rate of a one-year U.S.
Treasury Department bill, as requested by Vivendi.
Vivendi strongly believes that it did no wrong and intends to pursue its
appeal to the fullest extent possible.
Vivendi is at the hearts of the worlds of content, platforms and interactive
Vivendi combines the world leader in video games (Activision Blizzard), the
world leader in music (Universal Music Group), the French leader in
alternative telecoms (SFR), the Moroccan leader in telecoms (Maroc Telecom
Group), the leading alternative broadband operator in Brazil (GVT) and the
French leader in pay-TV (Canal+ Group).
In 2011, Vivendi achieved revenues of €28.8 billion and adjusted net income of
€2.95 billion. The Group has over 58,300 employees. www.vivendi.com
Disclaimer Forward Looking Statements. This press release contains
forward-looking statements with respect to Vivendi`s financial condition,
results of operations, business, strategy and plans. Although Vivendi believes
that such forward-looking statements are based on reasonable assumptions, such
statements are not guarantees of future performance. Actual results may differ
materially from the forward-looking statements as a result of a number of
risks and uncertainties, many of which are outside our control, including but
not limited to the risks described in the documents Vivendi has filed with the
Autorité des Marchés Financiers (French securities regulator) and which are
also available in English on our web site (www.vivendi.com).
Investors and security holders may obtain a free copy of documents filed by
Vivendi with the Autorité des Marchés Financiers at www.amf-france.org, or
directly from Vivendi. The present forward-looking statements are made as of
the date of this press release and Vivendi disclaims any intention or
obligation to provide, update or revise any forward-looking statements,
whether as a result of new information, future events or otherwise.
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