Kind of a misleading title, Microsoft is interested, it hasn't been approved at all.
> In April 2013, Yahoo was about to acquire 75 percent of Dailymotion for $200 million. Yet, the French government suspended the deal as the state still owns 27 percent of Orange. “Montebourg didn’t want to let it go to the Americans,” a source told TechCrunch at the time — Arnaud Montebourg is the French Minister of Industrial Renewal.
Who knows, the same thing could happen this time.
Looks like Microsoft is looking for it's own YouTube.
Government didn't want to sell, but the current talk with Microsoft is explicitly about Orange keeping majority ownership but finding an international partner.
The title here is completely wrong. The article mentions that they are potentially in talks to buy a stake in DailyMotion, but nowhere does it state that MSFT will be buying them for certain.
These positions by countries that like to reduce foreign ownership of non-critical businesses strike me as bizarre. It radically reduces the market value of the business, and thus greatly reduces their ability to raise money and grow organically.
No coincidence such markets tend to have a reputation as being nightmares to attempt to grow in.
It usually prevents the business' core from going away (if Microsoft moves the headquarter to London or Seattle for instance). The point would be less to preserve market value than jobs, technical expertise and surrounding ecosystem.
Not that I strongly agree with this line of thinking, I'm unopiniated at best.
I sighed hard when they tried to play the pride card with this. Considering I get cold sweat everytime I have to watch a video on dailymotion, it's slower and clunkier than the worst youtube beta redesign. Poor Montebourg.
>French lawmakers on Thursday took aim at Amazon to protect local bookshops by voting through a law that bars online booksellers from offering free delivery to customers on top of a maximum 5 percent discount on books.
Now as I understand it, competition is supposed to help the consumer, and the French government essentially did something anti-consumer. I understand your need to go on your "anti-US" soapbox, but your post is outrageous. In what was is Google a monopoly? Last I checked Bing had a 20% marketshare.
Besides, Google won the search market due to a massively superior product. The race wasn't even remotely close, they demolished the competition with an easier, faster, better offering in every possible respect. What alternative is thisiswrong proposing one wonders: that the government should have forced dramatically inferior products on consumers at gun point? Quotas on how often consumers can use Google? It'd be laughable if it weren't such a dark perspective.
seriously? How about Facebook bought Whatsapp and countless acquisition by Google, Apple...etc. Is it fair to single out Microsoft when everyone got shit on by NSA?
Microsoft (like Apple, Google, etc) has a large portion of their profits stuck overseas and can't repatriate that money without paying US income taxes on it. That's why spending the money internationally is appealing to them.
I only understand the broad strokes well enough to say for certain. My assumption is that they can do anything they want with the "Double Irish" money, but they avoid bringing it back into the US if at all possible since they'd have to pay corporate income tax on it at that point.
Id be interested in seeing statistics on how many Dailymotion uploads are adult content vs higher value non-adult content. The only time I see Dailymotion links are for videos containing ripped adult scenes from TV/Movies..
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[ 3.5 ms ] story [ 66.6 ms ] threadIt would be an interesting position for Microsoft to take particularly as they seem to be going all in on mobile.
As an aside I prefer dailymotion in just about every way to youtube so I hope they do well.
> In April 2013, Yahoo was about to acquire 75 percent of Dailymotion for $200 million. Yet, the French government suspended the deal as the state still owns 27 percent of Orange. “Montebourg didn’t want to let it go to the Americans,” a source told TechCrunch at the time — Arnaud Montebourg is the French Minister of Industrial Renewal.
Who knows, the same thing could happen this time.
Looks like Microsoft is looking for it's own YouTube.
Source in french: http://www.lemonde.fr/technologies/article/2014/02/25/orange...
No coincidence such markets tend to have a reputation as being nightmares to attempt to grow in.
Not that I strongly agree with this line of thinking, I'm unopiniated at best.
That tells a lot about France's so called "successes" (I'm French btw)
[1] http://www.nytimes.com/2013/10/04/business/France-Takes-Aim-...
>French lawmakers on Thursday took aim at Amazon to protect local bookshops by voting through a law that bars online booksellers from offering free delivery to customers on top of a maximum 5 percent discount on books.
Now as I understand it, competition is supposed to help the consumer, and the French government essentially did something anti-consumer. I understand your need to go on your "anti-US" soapbox, but your post is outrageous. In what was is Google a monopoly? Last I checked Bing had a 20% marketshare.
seriously? How about Facebook bought Whatsapp and countless acquisition by Google, Apple...etc. Is it fair to single out Microsoft when everyone got shit on by NSA?