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Yahoo mulling major stake in video website Dailymotion

 
Published on Mar 20, 2013
7:54 AM
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A Yahoo logo is pictured in Rolle, 30km east of Geneva in this photo taken on Dec 12, 2012. The Wall Street Journal on Tuesday reported that Yahoo may take a controlling interest in France-based online video-sharing website Dailymotion. -- FILE PHOTO: REUTERS

SAN FRANCISCO (AFP) - 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 per cent of Dailymotion from France Telecom in what would be the California Internet pioneer's biggest acquisition under chief Marissa Mayer, according to the Journal.

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

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

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