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France Telecom seeks US partner for Dailymotion - report

Friday 25 January 2013 | 15:31 CET | News
France Telecom-Orange is seeking a US partner for video-sharing platform Dailymotion, someone familiar with the matter told AFP. Orange bought a 49 percent stake in Dailymotion for around EUR 60 million in January 2011 and has an option to raise it to 100 percent this year. The person said that Orange is expected to have found a US partner by the middle of the year, with the size of the stake sold depending on who it partners. The US is Dailymotion's biggest market. Elsewhere, Journal du Net reports without citing its sources that France Telecom has already acquired the 51 percent of

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