According to a report in today’s Financial Times, Vivendi Universal is examining the possibility of selling its Express-Expansion magazine division as it looks to reduce a debt burden of E19 billion.
Vivendi chief executive Jean-René Fourtou has already announced his intention to offload the US publishing house, Houghton Mifflin and the international operations of the pay-TV network, Canal Plus (see Canal Plus Network To Be Fragmented).