Yahoo! mulling major stake in video website Dailymotion

Mar 19, 2013
The internet homepage of the Dailymotion website is shown on a screen on January 27, 2010 in Paris. The Wall Street Journal on Tuesday reported that Yahoo! may take a controlling interest in France-based online video-sharing website Dailymotion.

The Wall Street Journal on Tuesday reported that Yahoo! may take a controlling interest in France-based online video-sharing website Dailymotion.

Yahoo! could buy as much as 75 percent of Dailymotion from in what would be the California 's biggest acquisition under chief , according to the Journal.

Mayer said at a recent financial analysts conference in San Francisco that she was making a priority of markets outside the United States, where the company makes most of its money.

Yahoo! and Dailymotion declined to comment on the report that talks between the companies were underway.

Dailymotion is a YouTube-style venue that industry tracker comScore rated at the start of this year as the 12th largest video-sharing website with about 116 million users. Dailymotion had an estimated value of $300 million.

Mayer took over in at Yahoo! in July of last year after 13 years at , having been hired as the 20th employee and first woman engineer at the company that went on to be the new king of Internet search.

Mayer joined Yahoo! as the fifth chief executive there in as many years, as the struggling Internet search pioneer tries to reinvent itself as a "premier digital media" company after withering in Google's shadow.

Mayer has echoed the mantra of predecessors who maintained that the company could find prosperity by mining information about users to insightfully tailor online content and target money-making advertising.

Explore further: Why the Sony hack isn't big news in Japan

add to favorites email to friend print save as pdf

Related Stories

New Yahoo! CEO Mayer pregnant

Jul 17, 2012

Marissa Mayer, the former senior Google executive who on Tuesday will take over the reins of Internet pioneer Yahoo!, is pregnant and expecting the baby in October. ...

Yahoo! chief Mayer wants Bing to deliver

Feb 13, 2013

Google veteran turned Yahoo! chief Marissa Mayer wants Microsoft to deliver when it comes to wresting market share from the Internet company she was part of for more than a decade.

Yahoo! in online ad alliance with Google

Feb 07, 2013

Yahoo! on Wednesday announced an advertising alliance with Google, the company that dethroned the pioneering Internet firm in the world of Internet search.

Recommended for you

Why the Sony hack isn't big news in Japan

6 hours ago

Japan's biggest newspaper, Yomiuri Shimbun, featured a story about Sony Corp. on its website Friday. It wasn't about hacking. It was about the company's struggling tablet business.

Sony faces 4th ex-employee lawsuit over hack

11 hours ago

A former director of technology for Sony Pictures Entertainment has sued the company over the data breach that resulted in the online posting of his private financial and personal information.

Sony tells AFP it still plans movie release

12 hours ago

Sony Pictures boss Michael Lynton denied Friday the Hollywood studio has "caved" by canceling the release of "The Interview," and said it still hoped to release the controversial film.

2012 movie massacre hung over 'Interview' decision

Dec 19, 2014

When a group claiming credit for the hacking of Sony Pictures Entertainment threated violence against theaters showing "The Interview" earlier this week, the fate of the movie's big-screen life was all but ...

Clooney slams skittish Hollywood after Sony hack

Dec 19, 2014

Film star George Clooney slammed the Hollywood movie industry for failing to stand up against the cyber threats that prompted Sony Pictures to cancel release of the movie "The Interview."

User comments : 0

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.