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: Huawei reports 2014 profit up 33 percent

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

FTC's Google investigation probed by Senate antitrust chief

5 hours ago

The chairman of a U.S. Senate antitrust panel will look into the release of a confidential Federal Trade Commission report on an investigation of Google Inc.'s search business, which was closed in 2013 without an enforcement ...

Traffic court goes digital: Startup fosters settlements

6 hours ago

Traffic court is going digital. Michigan startup Court Innovations has developed a software solution that allows drivers to settle traffic violations by negotiating in a virtual environment instead of showing up to court ...

Amazon puts home staples on refill button

6 hours ago

Amazon moved Tuesday to become an errand service for home staples, introducing a "dash button" to allow consumers to instantly order popular products for home and kitchen.

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.