Diller resigns from Vivendi Universal post

Posted Wednesday, March 19, 2003 8:49 AM | Contributed by Jeff

Barry Diller resigned as co-chief executive of Vivendi Universal Entertainment, saying it was appropriate for him to step down while Paris-based Vivendi Universal entertains bids for Universal Studios, Universal's theme parks and other entertainment assets. Diller was appointed interim CEO of Vivendi Universal's U.S.-based entertainment assets last year while Vivendi Universal concentrated on repaying a massive debt.

Read more from AP via ABCnews.com.

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