Tuesday, April 30, 2013

France Allegedly Opposed To YouTube Buying Dailymotion Controlling Share

France Allegedly Opposed To YouTube Buying Dailymotion Controlling Share

Last month it was reported that Yahoo was in talks to buy a controlling share in Dailymotion, making it the first expensive acquisition under current CEO Marissa Mayer. This popular video website is said to be worth around $300 million and Yahoo was rumored to be interested in purchasing a 75% share, with an option to completely acquire it in the future. It currently has a minority share in the website. Both Yahoo and Dailymotion had refrained from commenting on this deal, though according to a new report, the deal's off because the French government is opposed to it.

Ubergizmo , France Allegedly Opposed To YouTube Buying Dailymotion Controlling Share, France Allegedly Opposed To YouTube Buying Dailymotion Controlling Share