Microsoft in talks over a possible Dailymotion tie-up

Microsoft in talks over a possible Dailymotion tie-up
Orange said on Tuesday it was in talks with Microsoft over a possible tie-up with its video-sharing website Dailymotion, nearly a year after discussions with Yahoo collapsed following state opposition.

Orange said it would keep a majority stake in Dailymotion, the world's 12th largest video-sharing site, but is looking for partners outside of Europe to develop it internationally, Chief Executive Stephane Richard told BFM Business radio.

"We have ongoing talks, particularly with Microsoft, which doesn't necessarily mean that we'll come to a deal," said Richard, speaking from the Mobile World Congress in Barcelona.

"I think it makes a lot of sense for us, as for Microsoft, to reach an accord that would be above all a partnership," he said, adding that Orange was also talking with other content providers, including in France.

The French state owns 28.4 percent of Orange, so it has some sway over the group's actions and management.

Last year, French Industry Minister Arnaud Montebourg blocked a plan by US-web giant Yahoo to buy a majority stake in Dailymotion.

Montebourg spurred a public row over state intervention in business affairs after he said that the U.S. group wanted to "devour" its smaller rival, calling it a "golden nugget" that needed to be kept in French hands.

Yahoo, which had planned to acquire a 75 percent stake in a deal that valued Dailymotion at $300 million, eventually walked away from the talks, leaving Orange to seek a new strategic partner to develop its video site.

Richard said that Orange was also in talks with other potential tie-partners for Dailymotion, including ones based in France which were focused on creating content.

"For the time being Dailymotion or Youtube are 100 percent free," he said. "But the future of such sites is to make high-quality content available for a charge, which justifies us speaking to content-creators."

MWC 2014 in pictures

For the latest tech news and reviews, follow Gadgets 360 on Twitter, Facebook, and Google News. For the latest videos on gadgets and tech, subscribe to our YouTube channel.

Google moves to defend right to use Glass while driving
Asus unveils 3G dual-SIM and LTE variants of Fonepad 7 at MWC 2014
Share on Facebook Tweet Snapchat Share Reddit Comment google-newsGoogle News


Follow Us


© Copyright Red Pixels Ventures Limited 2022. All rights reserved.