It’s once again “ economic patriotism “? Two years after “case Yahoo,” the veto by Arnaud Montebourg, then at Bercy, Dailymotion an entry to the capital of the US Internet group, the video site owned by Orange is once again at the heart of a debate policy. Emmanuel Macron, the Minister of Economy, Industry and Digital, asked the telecom operator of “ not to enter into exclusive negotiations ” with Hong Kong’s PCCW, as ‘Le Monde revealed. At least not at this stage. Information confirmed at Orange and the Minister’s office.
“The minister hoped that window of opportunity is open to others. We are far from a Montebourg case “do we procrastinate at Orange.
” With the European sovereign issues in the digital, it is necessary that all options are viewed. The Chinese track is not excluded provided it is not a non-firm “qualifies the entourage of the Minister that ensures” nothing to do with the Yahoo deal: the file is run in a pragmatic, realistic, issues Business will also be taken into account. “
Presented as one of the few French Internet nuggets, Dailymotion is the first European site with 3 billion videos viewed per month and 110 million monthly unique visitors in 2014, against more one billion for YouTube. The company has completed 70 million in revenue last year, 90% internationally.
very political Folder
Yet
Last December, at the LeWeb conference, Emmanuel Macron had emphasized his willingness to break with the “ tradition of interventionism ”
” Our role is not to intervene. We are shareholders of Orange but we are not in a position to tell them what to do. We need an exit. We must be pragmatic. Startups creators are free, of course, my preference is that they are working here in France “ had said the minister, interviewed in English by Loïc Le Meur, before an audience of startuppers and investors around the world.
For the record, the state remains the largest shareholder of Orange, with 25% of the capital (including 11.6% held indirectly via Bpifrance). Orange Dailymotion control 100% since 2013, after acquiring the shares for a total amount of 127 million euros and injected 30 million more in September 2013. The operator seeks him an industrial partner to accelerate its international expansion facing the giant Youtube (subsidiary of Google).
After looking to the United States, discussing with Yahoo and Microsoft, Orange has held exploratory contacts in Asia, with the Japanese Softbank, Singtel and thus PCCW, the diversified group in the telecom and media, to give him a 49% stake. Discussions with French actors had already taken place, including Vivendi and Canal Plus subsidiary that wanted to turn into paying Dailymotion video platform disseminating premium content. A project rejected by the in-house teams, Dailymotion based its business model on free content supported by advertising. However, like Youtube, the French company has multiplied attempts in the fee, for example by offering VOD movies or series, from the catalog of Warner particular.
“It has become a political issue. The shadow of the Vice President of Habitat [Arnaud Montebourg Ed] still hangs in these corridors “quipped mid-March a source familiar with the case at Bercy, citing other possible partners Dailymotion” Why not ladreit of Lacharrière? Fimalac is putting together a big media group. “
Fimalac new favorite?
Fimalac has indeed made many websites redemptions, the Webedia group (PurePeople, PureMedia etc.) Allociné, Overblog, Jeuxvideo.com to € 240 million in one year.
There
three weeks Francois Hollande in person even went home Webedia, that he presented as an example of “ French success that is able to be tomorrow the largest company in the world in a number of sectors ” welcoming “ a company that has created, in two years, 800 jobs and will create 200 more this year . “With 48.8 million unique visitors per month worldwide by combining all sites according to ComScore cabinet Webedia is positioned as the third French Internet group behind Dailymotion and CCM Benchmark (Journal du Net, how it works).
Several sources confirm “ a pronounced interest ” Fimalac. “ The social benefit of Orange primera ,” says one at Orange, ie a certain amount and an industrial project. The operator recalls that it has opened exclusive negotiations with any actor. According to the Wall Street Journal, which revealed the discussions, the supply of PCCW Dailymotion valued at 250 million.
Marc ladreit of Lacharrière, Francois Hollande and Axelle Lemaire in Webedia on March 10 (copyright Presidency of the Republic)
& gt.; Read also: Dailymotion can it succeed remaining French
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