Report: France Telecom buying up to half of Dailymotion

Dailymotion, the "YouTube of Europe" and a potential rival to Google's video hub, is rumored to be in line for a new partner. French telco, France Telcom is reportedly in talks to acquire between one third and half of the company.

Bloomberg said an announcement on a deal--if one can be reached-is likely to come Tuesday.

France Telecom CEO Stephane Richard in the past has said that companies that create large amounts of traffic for networks, like YouTube, Apple and Facebook, should be charged for data usage to help maintain them. By getting a piece of Dailymotion, FT would be in line for revenues from advertising.

Dailymotion says it saw 93 million visitors in October.

For more:
- see this Bloomberg story

Related articles:
Dailymotion rolls out on-demand content hubs
Auditude, Dailymotion partner in online ad deal
Music (videos) hit high note with Dailymotion

Suggested Articles

Comcast NBCUniversal has 11 new media and entertainment startups, including facial recognition and interactive sports tech companies, picked for its second…

Amino Communications today announced its acquisition of online video specialist 24i Media in a combined cash and stock deal worth €21.4 million (about $24…

Ooyala today announced a definitive agreement to sell its Flex media platform business to Dalet, a video product provider for broadcasters and media companies.