Dailymotion

Dailymotion

www.dailymotion.com/
The latest music videos, short movies, tv shows, funny and extreme videos. Upload, share,and embed your videos. Watch official videos free online. Discover......





From Wikipedia Page:

Dailymotion is a French video-sharing website on which users can upload, watch and share videos. It is one of the biggest video platforms in the world, offering a mix of content from users, independent creators and premium partners.[2] Dailymotion is available all around the world, in 18 different languages and 35 localized versions featuring local home pages and local content.

Founding and funding[edit]

In March 2005, Benjamin Bejbaum and Olivier Poitrey founded the Dailymotion website from the living room of Poitrey's apartment in Paris. Six individuals pooled together €6,000 ($9,271 USD) to start the business.[3] In September 2006, Dailymotion raised funds in collaboration with Atlas Ventures and Partech International. They raised 7 million Euros which was considered to be the most funds raised in 2006 from the French Web 2.0. In October 2009, The French government invested into Dailymotion through the use of the Strategic Investment Fund. On January 25, 2011, Orange acquired a 49% stake in Dailymotion for €62 million (hence valuing the company at €120 million).[4]

On 10 January 2013 Orange bought the remaining 51% for €61 million.[5] On or about 2 May 2013, the French Government blocked Yahoo's acquisition of a majority stake in Dailymotion.[6]

On 25 February 2014, Orange revealed it was in discussions with Microsoft about a deal that could see Dailymotion extend into the U.S. market. In an interview with a local television station in Barcelona Stephane Richard, CEO of Orange, said there was "great hope" an agreement would be reached. Any deal would see Orange retain majority ownership of Dailymotion. Richard said his company was in talks with other potential partners as well with a view to expanding Dailymotion's international appeal, but said discussions with others were more in relation to content.[7]

In 2015, Vivendi purchased 80% stake in Dailymotion from its previous owner, Orange S. A.[8] MORE On Wikipedia

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