• Subscribe
  • Advertise
    • Media Info
    • Terms & Conditions for Advertisers
    • Mechanical Data

Broadband TV News

Independent. Since 2003

  • Home
  • News Line
    • Central & East Europe
    • People
  • TV
    • On Demand/VOD
    • IPTV
    • Cable
    • Satellite
    • Terrestrial
    • Distribution
  • Business
  • Tech
  • Columns
    • Chris Dziadul
    • Julian Clover
    • Robert Briel
  • Events
    • Events Diary
    • BTN Events
    • Events Coverage
    • Submit the details of your event
  • Features
  • Resources
    • White Papers

Vivendi snaps up Dailymotion

June 30, 2015 18.57 Europe/London By Chris Dziadul

Dailymotion logoVivendi has acquired an 80% stake in Dailymotion from Orange for €217 million.

In a statement, Vivendi says that integration within it will offer Dailymotion the means to strongly accelerate its growth and continue its international expansion. It will give the company access to particularly attractive music and audiovisual content and allow for the joint development, together with the Universal Media Group and Canal+ Group teams, of original and distinctive content and formats meeting the expectations of a whole generation of digital consumers.

It adds that the acquisition of Dailymotion is at the heart of Vivendi’s digital strategy. With Dailymotion, it will benefit from an OTT distribution platform of international stature and of a technological expertise that complements the Group’s existing one
.
As previously reported in Broadband TV News, Dailymotion was attracting the interest of PCCW, which was hoping to buy a 49% stake in the company, up until the beginning of April.

However, the Hong Kong-based group decided to withdraw from negotiations, claiming that there was resistance to sell to a non-French or European company.

Earlier still, interest in buying Dailymotion, which is seen as YouTube’s main competitor, was also shown by Yahoo.

Under the terms of the sale to Vivendi, Orange will retain a 20% stake in Dailymotion.

  • Click to share on Facebook (Opens in new window)
  • Click to share on Twitter (Opens in new window)
  • Click to share on LinkedIn (Opens in new window)
  • Click to share on WhatsApp (Opens in new window)

Related

Filed Under: Newsline, On Demand/VOD, OTT, Top Story Tagged With: Dailymotion, France, Orange, Vivendi Edited: 2 July 2015 11:11

Avatar photo

About Chris Dziadul

Chris is our Central & East Europe Editor. You can talk to Chris on Twitter @chrisdziadul or by email at cdziadul@broadbandtvnews.com

Latest News

  • New acting chair for BBC
  • Orange Belgium completes VOO acquisition
  • 60% of Spanish connected homes watch paid online content
  • PPF Group raises stake in ProSiebenSat.1 Media
  • TVP VOD adds linear channels

Free Ebook

Whitepaper: Why Wi-Fi 6 is Key for ISP Success

Wi-Fi 6 and Wi-Fi 6E client devices are entering the home in an unprecedented way, surpassing 50% market share since their introduction in 2019 (compared to four years for Wi-Fi 5). … [Download the eBook...]

Q & A

Q & A: MainStreaming CEO Antonio G. Corrado

Broadband TV News sits down with MainStreaming’s CEO, Antonio G. Corrado to talk, streaming, latency, and ANGA COM.

Broadband TV News

  • Subscribe
  • About us
  • Contacts
  • Logos & Pictures
  • Privacy Policy
  • Terms and Conditions

Advertising

  • Media Info
  • Terms & Conditions
  • Mechanical Data
  • Video Services

News

  • Latest
  • Central & East Europe
  • TV
  • Tech
  • Streaming
  • Cable
  • Satellite
  • Terrestrial
  • IPTV
  • Business
  • People

Events

  • Events Diary
  • BTN Events
  • Submit the details of your event
  • Media Meet & Greet

Broadband TV News

PO Box 499
Cambridge
United Kingdom
CB1 0AH
news@broadbandtvnews.com

Connect with Us

 

Copyright © 2023 Broadband TV News LLP · Log in

 

Loading Comments...