30.06.2015 17:56:00
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Vivendi Finalizes the Acquisition of Dailymotion
Regulatory News :
Vivendi (Paris:VIV) today acquired from Orange an 80% stake in Dailymotion, one of the biggest aggregation and distribution platforms in the world, for 217 million euros.
The integration within Vivendi offers Dailymotion the means to strongly accelerate its growth and continue its international expansion. It gives the company access to particularly attractive music and audiovisual content and allows for the joint development, together with the Universal Music Group and Canal+ Group teams, of original and distinctive content and formats meeting the expectations of a whole new generation of digital consumers.
This acquisition is at the core of Vivendi’s digital strategy. With Dailymotion, the Group benefits from an over-the-top distribution platform of international stature and of a technological expertise which complements the Group’s existing one.
About Vivendi
Vivendi is an integrated media and
content group. The company operates businesses throughout the media
value chain, from talent discovery to the creation, production and
distribution of content. The main subsidiaries of Vivendi comprise
Canal+ Group and Universal Music Group. Canal+ is the leading pay-TV
operator in France, and also serves markets in Africa, Poland and
Vietnam. Canal+ operations include Studiocanal, a leading European
player in production, sales and distribution of film and TV series.
Universal Music Group is the world leader in recorded music, music
publishing and merchandising, with more than 50 labels covering all
genres. A separate division, Vivendi Village, brings together Vivendi
Ticketing (ticketing in the UK and France), MyBestPro (experts
counseling), Watchever (subscription video-on-demand) and the
Paris-based concert venue L’Olympia.
www.vivendi.com,
www.cultureswithvivendi.com,
www.themediashaker.com
View source version on businesswire.com: http://www.businesswire.com/news/home/20150630006162/en/
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Aktien in diesem Artikel
Vivendi S.A. | 2,74 | 1,82% |