INVESTMENT

In Brief

- On 16 March 2011 (Bloomberg) -Vivendi SA’s Brazilian unit GVT Holding SA is seeing subscriber growth of 50 percent, allowing it to increase revenue by 40 percent, Chief Executive Officer Jean-Bernard Levy said. The company will also invest and seek partnerships in the Middle East and North Africa, the CEO said. “What we are focused on is very quick growth of the company, doubling the size every two years and launch of pay TV before end 2011,” he said. Levy is focusing on growth in Brazil, while also seeking to take full control of Vivendi’s two units at home -- SFR, France’s second-biggest mobile-phone operator, and Canal+ France, the country’s biggest pay-television operator. The company owns 80 percent of Canal+ France, with Lagardere SCA holding the rest. Vivendi owns 56 percent of SFR, and has said it wants to buy Vodafone Group Plc’s 44 percent stake.

- Viva Riva supported by the ACPFilms Programme, has been nominated in the "African Movie Academy Awards” (AMAA). The next edition of the "African Oscars", the African Movie Academy Awards (AMAA), took place on March 27, 2011 in Yenagoa, in the Bayelsa State’s capital in Nigeria. The Congolese film Viva Riva by DJo Munga is nominated in 12 categories. The ACPFilms Programme supported the film for an amount of 400,000 Euros under the 9th EDF (European Development Fund).

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