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Yahoo May Buy Controlling Stake In Dailymotion [Report]

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Yahoo May Buy Controlling Stake In Dailymotion [Report]
[ Business]

According to the Wall Street Journal, Yahoo is in talks to buy a controlling stake in the popular video site Dailymotion, based on information from “people familiar with the talks.” The report says Yahoo’s in for as much as 75% of the company.

Neither company is commenting on the alleged talks.

Last year, Yahoo and Dailymotion struck a content syndication deal. At the time, Dailymotion VP, International Content, Daniel Adams, said that the site was getting 120 million unique monthly visitors.

According to the Journal, citing comScore numbers, it’s the 12th-largest video site in the world by unique users, with 116 million in January.

France Telecom currently has a 100% stake in Dailymotion.

Yahoo May Buy Controlling Stake In Dailymotion [Report]
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