Vivendi buys 80% stake in Dailymotion for $241m


Talking of Vivendi… The media group has completed its acquisition of an 80% stake in online video site Dailymotion for €217m (around $241m). The company was previously owned by Orange, with the French government having nixed plans a couple of years ago for Yahoo to buy a majority stake in the company in order to...

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Written by: Music Ally Blog