Variety: Vivendi, the media conglomerate behind pay-TV giant Canal Plus and Universal Music, has completed the acquisition of Dailymotion, one of the world’s biggest aggregation and distribution platforms, for 217 million euros. Through the acquisition of Dailymotion — YouTube’s main rival — Vivendi is looking to fast-track its growth within the OTT landscape and continue its international expansion. Dailymotion will also allow both Universal Music and Canal Plus to target millennials with original content and formats.