(Boursier.com) – Certainly, the French government does not want to sell Dailymotion, subsidiary of Orange to anyone … While online video platform was to enter into exclusive negotiations with PCCW, the holding Richard Li, wealthy Asian businessman, to acquire 49% of the group’s shares, the Economy Minister, Emmanuel Macron intervened to stop the discussions, according to the information of the ‘World’.
The daily said that several European buyers may be interested, most likely being Fimalac, parent of Allociné, “according to a source familiar with the matter” …
” We asked Orange to take into account the elements of the European digital sovereignty, “the minister reportedly told the newspaper of reference … This intervention is not unlike that of his predecessor, Arnaud Montebourg … In 2013, Yahoo who wanted to buy 75% of Dailymotion finally gave up, the Minister of Productive Recovery has expressed his desire to see the video platform remain in France.
At the time, many voices were raised against this intervention, starting with the CEO of Orange, Stéphane Richard. Dailymotion “is a subsidiary of Orange, and not of the State”, he had insisted. Even within the government, Fleur Pellerin then Minister of the Digital Economy called for the opening. “If the funds that come in the round to accompany the international development are American, Russian, Chinese, whatever,” she had said …
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