Page 3 - 2012 Annual Report

GROUP PROFILE – BUSINESSES –
LITIGATION – RISK FACTORS
SUMMARY
SECTION 1
GROUP PROFILE 4
1.1. Simplified Economic
Organization Chart 5
1.2. Key Figures 6
1.3. Strategy 10
1.3.1. Strategic Planning for all
of Vivendi’s Businesses 10
1.3.2. Strengthening Vivendi’s Leadership
Position in Content and Media 10
1.3.3. Repositioning Vivendi’s Telecoms
Activities and Exploring
Consolidation Opportunities 11
1.4. Financial Communication
Policy and Value Creation 12
1.4.1 Investment Policy 12
1.4.2. Financial Communication Policy 12
1.4.3. Value Creation in 2012 13
1.5. Insurance 14
1.6. Investments 15
SECTION 2
BUSINESSES 16
2.1. Canal+ Group 16
2.1.1. Strategy/Positioning 16
2.1.2. Pay-TV in France 16
2.1.3. Free-to-air TV 18
2.1.4. International Pay-TV 18
2.1.5. Other Businesses 18
2.1.6. 2012 Highlights 19
2.1.7. Regulatory Environment 19
2.1.8. Piracy 20
2.1.9. Competition 20
2.1.10. Research and Development 21
2.2. Universal Music Group 22
2.2.1. Strategy/Positioning 22
2.2.2. Recorded Music 22
2.2.3. Music Publishing 23
2.2.4. Merchandising 23
2.2.5. 2012 Highlights 23
2.2.6. Regulatory Environment 24
2.2.7. Piracy 24
2.2.8. Competition 24
2.2.9. Research and Development 24
2.3. Activision Blizzard 25
2.3.1. Strategy/Positioning 25
2.3.2. Activision Publishing 25
2.3.3. Blizzard Entertainment 26
2.3.4. 2012 Highlights 26
2.3.5. Regulatory Environment 27
2.3.6. Piracy 27
2.3.7. Competition 27
2.3.8. Research and Development 27
2.4. SFR 28
2.4.1. Strategy/Positioning 28
2.4.2. Performance and Services 28
2.4.3. Market 30
2.4.4. Network 30
2.4.5. 2012 Highlights and Commitments 31
2.4.6. Regulatory Environment 32
2.4.7. Piracy 32
2.4.8. Competition 32
2.4.9. Research and Development 32
2.5. Maroc Telecom 33
2.5.1. Strategy/Positioning 33
2.5.2. Morocco 34
2.5.3. International 35
2.5.4. 2012 Highlights 36
2.5.5. Regulatory Environment 37
2.5.6. Competition 37
2.5.7. Research and Development 38
2.6. GVT 39
2.6.1. Strategy/Positioning 39
2.6.2. Products and Services 39
2.6.3. Market/Distribution 40
2.6.4. Network 41
2.6.5. 2012 Highlights 41
2.6.6. Regulatory Environment 42
2.6.7. Competition 42
2.6.8. Research and Development 43
2.7. Other Activities 43
2.7.1. Ticketing 43
2.7.2. Wengo 43
2.7.3. Watchever 44
2.8. Seasonality of Group
Businesses 44
2.9. Raw Materials used
in the Group Businesses 44
SECTION 3
LITIGATION 45
SECTION 4
RISK FACTORS 51
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VIVENDI l 2012 l Annual Report 3