Vivendi Universal was a global media and communications company formed in 2000 through the merger of Vivendi and Universal Studios. It operated in various sectors, including music, film, television, and telecommunications, making it one of the largest media conglomerates in the world. In 2004, the company faced financial difficulties and underwent significant restructuring. It eventually sold off several divisions, including its music division, which became Universal Music Group. Today, Vivendi focuses on content creation and distribution, with interests in various media and entertainment sectors.