Dailymotion Stake Sale Sought Ahead of Global Move

Wall Street Journal: Orange is said to be entering exclusive talks with Hong Kong-based PCCW Ltd. to sell a stake of about 49% in Dailymotion, after years of trying to sell a stake in the video-streaming website. Orange has informed its board that it plans in the coming days to sign an agreement on exclusive negotiations with PCCW over a deal to bring in a large foreign investor to help expand Dailymotion globally, the people said.