Media and Telecomunication group Vivendi CEO Jean-Bernard Levy speaks during an interview with Reuters in Paris, May 15, 2009. Vivendi, Europe's largest entertainment group, has not seen signs of a further deterioration in the economic climate in the second quarter but it is ready to sharply cut investments if the crisis worsens, Levy told Reuters in an interview. REUTERS/Philippe Wojazer (FRANCE ENTERTAINMENT BUSINESS)