Vivendi Buys 80% Of France’s Dailymotion, Valuing The YouTube Rival At $295M

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Dailymotion Video Player Update - Customization Options The long-running saga of who would become the new owner of online video site Dailymotion has finally come to an end. Vivendi has announced that it’s acquired an 80% stake in the company from French carrier Orange for €217 million ($241 million). In a short statement, the media company outlined its ambitions to continue growing in OTT services and finding new audiences that go… Read More