French media group Vivendi has acquired an additional 10-per-cent shareholding in video-sharing website Dailymotion to increase its stake to 90 per cent.
French media group Vivendi has agreed to acquire 80 per cent of video-sharing website Dailymotion from telecommunications company Orange for €217m ($243m).
A Hong Kong investor who was part of telecommunication group PCCW’s bid to acquire a stake in video-sharing website Dailymotion has hit out at the French government’s “cynicism” in ending the deal.
French media group Vivendi has entered exclusive talks to acquire 80 per cent of video-sharing website Dailymotion from telecommunications company Orange for €217m ($230m).
The French Finance Ministry opposes telecommunications company Orange’s exclusive talks to sell a 49-per-cent stake in video-sharing platform Dailymotion to Hong Kong-based telco PCCW, according to the AFP news agency.
French telecommunications company Orange is set to enter into exclusive talks to sell a 49 per cent stake in video-sharing platform Dailymotion to Hong Kong-based telecommunications group PCCW, according to the Wall Street Journal.
Video-sharing website Dailymotion has expanded its sports content portfolio after agreeing a partnership with English Premiership rugby union club London Wasps.
Last Friday’s French football league rights auction put a large hole in the theory that Al Jazeera-owned pay-television broadcaster beIN Sports is an unstoppable force bent on dominating the local market
Eurosport set to tie up French Open in long-term deal to cement its grip on grand slam tennis