Posts Tagged "Dailymotion"

Vivendi, the owner of Universal Music Group and Canal Plus, this week entered exclusive talks with Orange to acquire a majority stake in Dailymotion, the online video site. The deal will be the first of many, Mr de Puyfontaine (Vivendi CEO) tells the Financial Times in an interview amid visits to Vivendi’s US-based shareholders. For the full […]

Vivendi has confirmed a bid for Orange-owned YouTube rival Dailymotion. The French media group, which owns Universal Music and Canal+, confirmed reports it was in talks to buy a majority stake in the video site, in a deal thought to be worth €250m (£182.6m) for a 75 to 80 per cent share.