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The statement also said Mr. Davis's representatives were told that "an entertainment asset sale was not on the agenda".
The company's most successful online entertainment asset, however, revolves around Spraychel, the animated mascot for Unilever's I Can't Believe It's Not Butter! brand (at TasteYouLove.com).com
Combine this with Jobs' other entertainment asset, Pixar Studios and you have the core of a valuable digital entertainment company.
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The MGM offer values Vivendi's entertainment assets at $11.5 billion.
The investor is one of many private-equity men newly in charge of entertainment assets.
"The chorus to break off the entertainment assets from the rest will grow much louder".
Any discussion of the entertainment assets would entail finding a solution for Universal Music.
[C4.] Liberty Media Withdraws Offer Liberty Media has withdrawn from the bidding for Vivendi Universal's entertainment assets.
Vivendi is in talks to acquire the entertainment assets of USA Networks.
The entertainment assets generated $6.2 billion in revenue and $1.3 billion in operating income in the quarter that ended March 31.
This week it said its entertainment assets were not for sale, but it welcomed dialogue with shareholders.
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