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.

Media Decoder Blog: Universal Sells EMI Stake in Popular Music Series

The company, which acquired EMI’s recorded music division in a $1.9 billion deal approved by European regulators last year, announced on Wednesday that it had sold EMI’s share of the long-running pop compilation series “Now That’s What I Call Music!” to Sony Music.