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Jean-Bernard Levy also told a media conference hosted by French newspaper Les Echos that the global economic crisis was "not a reality" for Vivendi at the moment. Christmas sales of "impulse-buy" products like CDs,video games and accessories were at normal levels, he added.
"It's possible that there will be a gradual erosion of our markets and results. But we think we have a much higher than average level of resistance," he said.
However, Levy said he saw growth of the pay-TV market slowing a little because of the financial crisis.
Last week, Spain's largest media group Prisa said it was in talks with Telefonica and Vivendi over the sale of its pay-TV platform Digital+.
A Vivendi spokesman in Paris said Vivendi and Telefonica were discussing a possible acquisition of Digital+ but insisted the talks were at a preliminary stage.
Prisa was believed to be seeking 2.5 billion euros for Digital+, while Telefonica is willing to pay about 2 billion, two sources have said.
(Reporting by Dominique Vidalon; Writing by Helen Massy-Beresford; Editing by David Holmes) Keywords: VIVENDI/ (dominique.vidalon.reuters.com; +33 1 49495432; Reuters Messaging:dominique .vidalon.reuters.com@reuters.net)
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