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Orange does not plan to sell all of Dailymotion - CEO

Tuesday 26 March 2013 | 09:50 CET | News
France Telecom-Orange chairman and CEO Stephane Richard told Le Figaro that Orange does not plan to sell all of video website Dailymotion. He said what is necessary now is to give the company a way to accelerate its growth, mainly in the US, to compete against YouTube. "It is not a question of money but of industrial partnership. In full agreement with Dailymotion's management, we are looking for a partner", he said, without confirming a recent Wall Street Journal report that talks were underway with Yahoo! about the potential sale of a 75 percent stake in Dailymotion.

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Categories: Internet
Companies: Dailymotion / France Telecom / Orange / Yahoo!
Countries: France / United States / World
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