Vivendi to Secure a Majority Stake in Orange’s Dailymotion
- Partnership bid
- Exclusive content
- Reports indicate that Vivendi will obtain stakes in Dailymotion for $235 million
- Orange will retain a 20% stake in the company
To cut it short
In a bid to accelerate the growth of the video sharing site Dailymotion, Orange is intending to sell its stakes to Vivendi. While Dailymotion has had its own set of fans, it has always remained as a line-up to its competitor, YouTube. Reports suggest that the proposed partnership with Vivendi will help push exclusive content to the video streaming site, allowing it to offer premium content to its viewers. Whether the deal revamps the fortunes of Dailymotion or makes it dreary, the audiovisual fans certainly have some excitement to look-out for!