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France Telecom looking for another partner for Dailymotion

Thursday 2 May 2013 | 09:40 CET | News
France Telecom began looking for another partner for its video website Dailymotion, following the collapse of negotiations with Yahoo, a person with direct knowledge of the matter told Bloomberg. The French industry minister Arnaud Montebourg wrote in an e-mailed statement that any agreement needed to be beneficial to both companies and to be balanced. He said the ministry was keen on creating optimal conditions for the company's international development. Yahoo reportedly was seeking a 75 percent stake in a deal valuing Dailymotion at USD 300 million. France Telecom has held talks with

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Categories: Internet
Companies: Dailymotion / France Telecom
Countries: France / World
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