NBC Universal mulls IPO

NBC Universal could be floated on the stock market if France’s Vivendi decides to sell its 20 per cent stake in the group majority-owned by General Electric, Vivendi's chief executive said. "Why not?" said Jean-Bernard Levy when asked at a media conference whether an initial public offering would be an option for the US entertainment group, adding that it would likely be in New York. Levy also said that the UK should follow France in cutting off internet pirates web connections.