- Business
- Vivendi SE (VVU.DE) is a French investment holding company focused on content, media, entertainment, and telecommunications, managing a portfolio of wholly-owned and strategic minority stakes in leading global assets. Wholly owning Gameloft, a world-renowned video game publisher specializing in multi-platform games for mobile, PC, consoles, streaming, cloud gaming, and subscription services; it holds a 9.94% stake in Universal Music Group, the world's leading music company offering recorded music, music publishing, and merchandising; a 19.21% stake in Banijay, a leader in audiovisual content production and online sports betting; a 13.21% stake in Lagardère, a global group prominent in publishing and travel retail; a 19.78% stake in MediaForEurope, a European leader in television, audiovisual production, and digital media; an 11.87% stake in Prisa, the media and education leader in Latin America; and a 2.51% stake in TIM, Italy's leading telecom operator with operations in Brazil. Founded in 1853 and headquartered at 42 Avenue de Friedland in Paris, France, Vivendi operates globally across Europe, the Americas, Asia/Oceania, and Africa, targeting consumers, advertisers, and digital platforms in these sectors. In December 2024, Vivendi's shareholders overwhelmingly approved the spin-off of Canal+, Havas, and Louis Hachette Group (combining its Lagardère stake and Prisma Media), with shares listing on December 16, 2024, on the London Stock Exchange, Euronext Amsterdam, and Euronext Growth Paris, respectively, and delivery completed on December 18, 2024, marking a major strategic restructuring to unlock value in its former subsidiaries; in 2025, it signed an agreement to sell 15% of its TIM shares to Poste Italiane and reduced its TIM stake below 20% to 19.32%, while reporting first-nine-months revenues of €213 million, up 5.2% at constant rates, driven by Gameloft's performance.