-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, RzEfbXVNjBQ2/aDYlQgSF9r3r6N3h7QNIgN9Mrg52BWqsrcJEkNYEWLqTJk45Z7m OSRHzUvxr9QOoo3bYusEhw== /in/edgar/work/0000898822-00-000746/0000898822-00-000746.txt : 20001016 0000898822-00-000746.hdr.sgml : 20001016 ACCESSION NUMBER: 0000898822-00-000746 CONFORMED SUBMISSION TYPE: 425 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20001013 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: SEAGRAM CO LTD CENTRAL INDEX KEY: 0000088188 STANDARD INDUSTRIAL CLASSIFICATION: [2080 ] IRS NUMBER: 000000000 STATE OF INCORPORATION: CA FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: 425 SEC ACT: SEC FILE NUMBER: 001-02275 FILM NUMBER: 740203 BUSINESS ADDRESS: STREET 1: 1430 PEEL ST STREET 2: H3A 1S9 CITY: MONTREAL QUEBEC CANA STATE: A8 BUSINESS PHONE: 5148495271 MAIL ADDRESS: STREET 1: C/O JOSEPH E SEAGRAM & SONS INC STREET 2: 375 PARK AVE CITY: NEW YORK STATE: NY ZIP: 10152 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: VIVENDI CENTRAL INDEX KEY: 0000920617 STANDARD INDUSTRIAL CLASSIFICATION: [4813 ] IRS NUMBER: 000000000 STATE OF INCORPORATION: I0 FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: 425 BUSINESS ADDRESS: STREET 1: 52 RUE D ANJOU CITY: PARIS, FRANCE STATE: I0 ZIP: 75384 BUSINESS PHONE: 0113314924 MAIL ADDRESS: STREET 1: C/O COMPAGNIE GENERALE DES EAUX STREET 2: 52 RUE D'ANJOU CITY: PARIS STATE: I0 ZIP: 75384 FORMER COMPANY: FORMER CONFORMED NAME: COMPAGNIE GENERALE DES EAUX DATE OF NAME CHANGE: 19940321 425 1 0001.txt FORM 425 Filed by Vivendi Pursuant to Rule 425 under the Securities Act of 1933 and deemed filed pursuant to Rule 14a-12 under the Securities Exchange Act of 1934 Subject Company: The Seagram Company Ltd. Commission File No. 1-2275 and Subject Company: Canal Plus S.A. Commission File No. 82-2270 October 13, 2000 JORGEN LARSEN CHAIRMAN AND CHIEF EXECUTIVE OFFICER UNIVERSAL MUSIC INTERNATIONAL [VIVENDI UNIVERSAL LOGO] IMPORTANT LEGAL DISCLAIMER - - These documents contain forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These statements are based on management's current expectations or beliefs and are subject to a number of factors and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. The forward-looking statements contained in these documents address the following subjects: expected date of closing the merger; future financial and operating results; and timing and benefits of the merger. The following factors, among others, could cause actual results to differ materially from those described in the forward-looking statements: the risk that the Vivendi, Canal+'s and Seagram's businesses will not be integrated successfully; costs related to the merger; failure of the Vivendi, Canal+ or Seagram's stockholders to approve the merger; inability to further identify, develop and achieve success for new products, services and technologies; increased competition and its effect on pricing, spending, third-party relationships and revenues; inability to establish and maintain relationships with commerce, advertising, marketing, technology, and content providers. Investors and security holders are urged to read the joint proxy statement/prospectus regarding the business combination transaction referenced in the foregoing information, when it becomes available, because it will contain important information. The joint proxy statement/prospectus will be filed with the Securities and Exchange Commission by Vivendi, Canal+ and Seagram. Investors and security holders may obtain a free copy of the joint proxy statement/prospectus (when it is available) and other documents filed by Vivendi, Canal+ and Seagram with the Commission at the Commission's web site at www.sec.gov. The joint proxy statement/prospectus and these other documents may also be obtained for free from Vivendi, Canal+ and Seagram. Information regarding the participants in the proxy solicitation and a description of their direct and indirect interests, by security holdings or otherwise, is contained in the joint press release relating to the transaction filed with the Commission by each of Vivendi and Seagram, on June 20, 2000. [VIVENDI UNIVERSAL LOGO] UNIVERSAL MUSIC INTERNATIONAL - Snapshot of 5 key International markets - Geographic coverage/expansion plans - Importance of domestic/"local" repertoire - Key obligations of international subsidiary - Major issues, initiatives [VIVENDI UNIVERSAL LOGO] WHERE ARE WE? [GRAPHIC OF WORLD MAP] Whole or majority owned subsidiaries in 61 of 193 countries [VIVENDI UNIVERSAL LOGO] SNAPSHOT OF MAJOR MARKETS
% OF WORLD MARKET SHARE MARKET % US 37.0 26.4 Canada 2.3 23.1 ----- ----- North America 39.3 26.2 ----- ----- Japan 16.7 10.1 UK 7.6 24.3 Germany 7.4 22.6 France 5.2 33.1 Brazil 1.7 25.9 ----- ----- 38.6 19.1 ----- ----- 56 Other Countries 22.1 18.7 ----- ----- Total 100.0 21.8 ===== =====
[VIVENDI UNIVERSAL LOGO] RECENT OR STRATEGIC ENTRY Population & Percent of World Population
Million % ------- -------- India 976 17 China 1,255 21 Russia (strategic) 147 3 Middle East/ North Africa 240 4 2,618 45 ------- --------
(Est. World Population 1998: 5.9 Billion) [VIVENDI UNIVERSAL LOGO] EXPANSION - - Middle East - Turkey - Lebanon - Saudi TOTAL - Dubai [Arrow MARKET [Arrow INDIA - UAE Graphic] $300M Graphic] - Egypt - Ex-French North Africa [VIVENDI UNIVERSAL LOGO] WHAT DOES IT REALLY LOOK LIKE OUT THERE? [PHOTO OF TWO MEN & TWO WOMEN] [VIVENDI UNIVERSAL LOGO] MAJOR DOMESTIC ARTISTS OUTSIDE NORTH AMERICA - ABBA (Sweden) - Aqua (Denmark) - Rammstein (Germany) - Andrea Bocelli (Italy) - U2 (UK) - Johnny Hallyday (France) - Rosana (Spain) - Jose Feliciano (Puerto Rico) - Jacky Cheung (Hong Kong) - Sandy & Junior (Brazil) [VIVENDI UNIVERSAL LOGO] % LOCAL REPERTOIRE
5 Key Markets % ----------------------- ----------------- Japan 77 UK 49 Germany 43 France 53 Brazil 73
(Source: IFPI) [VIVENDI UNIVERSAL LOGO] THREE MAJOR OBLIGATIONS OF EACH SUBSIDIARY - Powerful marketing machine for truly global artists - often of US/UK origin - Local investment in and success with domestic artists - Selective crossborder marketing of successful local artists - regardless of style and language [VIVENDI UNIVERSAL LOGO] GLOBAL ARTISTS [GRAPHIC OF SHANIA TWAIN "COME ON OVER" ALBUM] Shania Twain ------------ "Come on Over" Total sales 10m Previous album sales less than 1m [GRAPHIC OF BON JOVI "CRUSH" ALBUM] Bon Jovi -------- "Crush" Released 5/00 Sales to date 5m Est. sales 12/01 10m [GRAPHIC OF EMINEM "MARSHALL MATHERS" ALBUM] Eminem ------ "Marshall Mathers" Released 5/00 Sales to date 2.5m Est. sales 6/01 6m [VIVENDI UNIVERSAL LOGO] MAJOR ISSUES/INITIATIVES [CHECK MARK] Geographic expansion [CHECK MARK] Global Marketing - - Pricing - - Catalog/UM3 - - Manufacturing & Distribution (trend away from physical product) - - e-business / i-activities [VIVENDI UNIVERSAL LOGO] EURO PRICE HARMONIZATION - PRICE TO DEALER [CHART OF TOP PRICE AS AT SEPTEMBER 2000] Current PPD (euro) UK* 14.54 France 13.22 Finland 13.19 Norway* 12.95 Italy 12.9 Switzerland* 12.86 Portugal 12.84 Sweden* 12.75 Denmark 12.74 Belgium 12.64 Spain 12.62 Germany 12.58 Austria 12.57 Netherlands 12.56 Ireland 12.2 Greece 12.16
Source: UMI reported PPDs, Euro figures based on August 2000 exchange rates Note: Some of the price changes observed for countries marked with a * are due to exchange rate fluctuations between the Euro and local currencies [VIVENDI UNIVERSAL LOGO] UM3 - - Catalogue exploitation - - Compilations/TV advertised product - - Commercial and consumer marketing - -------------------------------------------------------------------------------- Aim is to increase from 30% to 40% of total business - -------------------------------------------------------------------------------- [VIVENDI UNIVERSAL LOGO] MANUFACTURING AND DISTRIBUTION - - Stand-alone - - Joint venture - - Outsourcing - - Vivendi synergies - -------------------------------------------------------------------------------- Restructuring is required in view of future technological changes - -------------------------------------------------------------------------------- [VIVENDI UNIVERSAL LOGO] E-BUSINESS - - Existing Vivendi expertise - - Local language initiatives - - Provide artists with e-space services and presence [VIVENDI UNIVERSAL LOGO] [GRAPHIC OF UNIVERSAL LOGO] UNIVERSAL MUSIC GROUP [VIVENDI UNIVERSAL LOGO] -----END PRIVACY-ENHANCED MESSAGE-----