Reuters: Small Business News: Yahoo in talks to buy stake in video site Dailymotion: report

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Yahoo in talks to buy stake in video site Dailymotion: report Mar 20th 2013, 13:03 Tweet Share this Email Print Related News French and Benelux stocks-Factors to watch on March 20 3:28am EDT Yahoo in talks to buy stake in video site Dailymotion - report Tue, Mar 19 2013 Yahoo to shut down seven products, including Blackberry app Sat, Mar 2 2013 Yahoo telecommute ban is much ado about nothing: Silicon Valley Thu, Feb 28 2013 Yahoo goes social, teams with Facebook for site revamp Wed, Feb 20 2013 Related Topics Tech » Deals » Global Deals Review: 2011 Q3 » Global Deals Review: 2011 Q2 » Global Deals Review » Small Business » Inflows Outflows » Media » The headquarters of Yahoo Inc. is shown in Sunnyvale, California May 5, 2008. Credit: Reuters/Robert Galbraith SAN FRANCISCO | Wed Mar 20, 2013 9:03am EDT SAN FRANCISCO (Reuters) - Yahoo Inc is in talks to acquire a controlling stake in Dailymotion, one of the world's most popular online video websites, in what would be Yahoo CEO Marissa Mayer's largest deal since taking the reins in July, the Wall Street Journal reported on Tuesday. Yahoo could purchase as much as 75 percent of Dailymotion, which is owned by French telecommunications firm France Telecom-Orange, according to the newspaper report, which cited anonymous sources. Dailymotion could be valued at roughly $300 million, according to the report, which noted that the deal is not imminent and could fall apart. "We are unable to confirm, deny or comment on speculation regarding potential talks between Yahoo and Orange at this time," Dailymotion Managing Director Roland Hamilton said in an emailed statement. Yahoo and France-Telecom Orange declined to comment. France Telecom-Orange acquired Dailymotion for $170 million through a two-phase deal, with the most recent transaction closing in January. Dailymotion's editorial and executive management operate independently of France Telecom-Orange. Dailymotion is the No. 12 ranked online video Web property in the world, according to industry research firm comScore. It says Dailymotion has 116 million unique monthly visitors and more than 2 billion videos viewed. Google Inc, which owns YouTube, is the world's No. 1 Web video property while Yahoo's various websites ranked 10th on the list. The transaction for Dailymotion would represent Yahoo's largest deal since Mayer, a former Google executive, took charge last year. Yahoo has acquired several small mobile and web start-up companies since Mayer became chief executive last year. (Reporting by Alexei Oreskovic; Editing by Richard Chang and David Gregorio) Global Deals Review: 2011 Q3 Global Deals Review: 2011 Q2 Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above.

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