Select Page

Reuters: France’s Vivendi is said to have made a $275 million indicative offer for most of Dailymotion, the video-sharing website owned by French telecoms group Orange. “This is a long-standing industrial project,” said a source, explaining that Canal Plus, Vivendi’s pay-TV unit, had made an earlier attempt to buy Dailymotion but had been rebuffed. Orange has been looking for a partner for over a year to help Dailymotion expand internationally to try to compete with much larger rival Google’s YouTube.