(AOF) – Vivendi announces the conclusion of a settlement agreement with all institutional investors who, after having their requests rejected by the Paris Commercial Court on July 7, 2021, continued to claim before the Court of Appeal of Paris financial compensation for the allegedly inaccurate financial communication of the former management of Vivendi between 2000 and 2002.
This agreement, without recognizing fault or any liability, allows Vivendi to eliminate the risk of litigation and puts an end to a dispute initiated in 2011 which related to facts dating back more than 20 years.
AOF – LEARN MORE
Learn more about the Media sector
Artificial intelligence, threat or opportunity for professional and specialized press publishers?
After fighting to get tech giants to pay them for related rights, press publishers are concerned about the use of their data for the benefit of artificial intelligence (AI). Generative AI feeds on the information it finds on the internet, including that of the media. However, the latter can prevent the use of their data by an AI thanks to the 2019 European directive and its translation into French law, which regulate the search for texts and data. However, this remains theoretical. In the meantime, some specialized players in the publishing world are working to reassure investors after the loss of stock market value of certain companies. Thus, specialists in professional information, or publishers of academic publications, such as RELX, Pearson or Wolters Kluwer are multiplying reassuring messages and presenting AI more as an opportunity than a threat by emphasizing that they themselves use AI. Analysts remain generally confident about these players in specialized publishing because their strong asset is based on the reliability of the information they transmit, which is still far from being the case with AI. For the moment…
