Earnings: Vivendi's H1 Revs up; Universal Music's Digital Revs Up 33 Percent (CBS News)

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Vivendi (EPA: VIV), the France-based media giant and parent of Universal Music Group, has reported its first half 2008 and Q208 earnings, and its revenues totaled $17.7 billion, compared to $16 billion for the first half 2007. For Q2, Vivendi's revenues totaled $9.4 billion compared to $8.15 billion a year earlier. Out of the units: Universal Music Group saw a 2.4 percent decline in revenues, ...

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