Yahoo mulls stake in Dailymotion

AFP-JIJI

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 France Telecom in what would be the Internet pioneer’s biggest acquisition under chief Marissa Mayer, according to the WSJ. Mayer said at a recent conference in San Francisco that she was making a priority of markets outside the United States, where the company makes most of its money.

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 roughly $300 million.