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Chief executive Jean-Rene Fourtou and media mogul Barry Diller on Thursday said they were renegotiating the terms of their Vivendi Universal Entertainment joint venture, a move that could pave the way for Fourtou to weigh a possible sale or spin-off of the U.S. entertainment assets. The unit was formed last year when Vivendi paid $11 billion to combine its film and theme park properties with the entertainment wing of Diller's USA Interactive Inc. Vivendi has since seen massive debt and a change in CEO's.
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