DealBook: Vivendi to Cut Stake in Video Game Maker Activision Blizzard

The French media conglomerate will sell half its Activision Blizzard stake, worth about $866 million, in its latest move to reduce debt and focus on its media properties.

Disney’s Troubled Gaming Unit Finds Success With Infinity

The console game that lets players mix and match Disney characters has sold 3 million starter packs worldwide, the company said.

    



Vivendi Declined SoftBank’s Lucrative Offer for Universal

The Japanese phone carrier’s proposal of $8.5 billion for Universal Media Group was believed by some analysts to represent a $2 billion premium over its value.

    

Disney Reports Strong Second-Quarter Profit

Citing strength in almost all its business units, the media giant reported $1.51 billion in profit, a 32 percent increase over a year earlier.

    

The Media Equation: For Media Moguls, Paydays That Outstrip Other Fields

Leaders in other industries may be well paid, but they earn far less than their media counterparts.

    

Media Decoder Blog: Disney Delays Release of Video Game and Toy Initiative

The company is delaying the introduction of Infinity from June until August, moving it closer to the all-important holiday sales season but possibly disappointing some investors.