Orange Acquired Dailymotion For $168 Million. [NEWS]


Back in January 2011, Orange acquired 49 percent of Dailymotion for $78 million (€59 million), and declared that they wanted to buy out the remaining 51 percent. But Dailymotion had to wait two years before further talks. By spending $80.6 million (€61 million) for the remaining stake, Orange acquired 100 percent of Dailymotion for $168 million (€127 million).

Rumors have been circulating for months that Orange was finally ready to up its stake. The confirmation comes from its earnings documents. The deal was closed on January 10.

With 2.5 billion video views per month and 106 million unique visitors according to its latest public numbers, Dailymotion is a solid video sharing service, but far behind YouTube. When it comes to market share, it competes with Vimeo more directly than with YouTube. As video hosting consumes a lot of bandwidth, it’s hard to cover operating expenses with advertising.

Yet, the company has been profitable for a couple of years. Considered as the platform of choice in France, Dailymotion is very strong in other markets as well. In 2011, only 15 percent of its users were French. The U.S., Turkey, Japan and other countries are important markets as well.

Dailymotion’s immediate future will largely depend on whether Orange is ready to invest and support it. For instance, Orange has been key to Deezer’s expansion by bundling premium subscriptions in many mobile and Internet plans.

According to the AFP, Orange is currently looking for an American investor to buy out a small stake. The telecommunications company doesn’t want to stay the sole investor for long. While diversifying shareholders is a good financial decision, it also means that Orange probably doesn’t want to further integrate Dailymotion in its offerings and business units.

Update: An Orange spokesperson provided the following statement.

Since January 2013, Orange has increased its stake in Dailymotion to 100% (following an initial acquisition of 49% in April 2011). It is not our ambition or our role to remain a 100% stakeholder of Dailymotion and we are currently working to find the right partner/s. Obviously we cannot comment on this until a deal has been reached but it is clear that to accelerate the development of the company, Dailymotion needs to find a solid strategic partner, probably American, that is capable of opening the doors to the US market.

Beyond this, we are very happy with what has been achieved in the past few months (revenue growth of 55% in 2012). Our partnership with Dailymotion is an excellent illustration of the pertinence of our content strategy.

 

YouTube’s 7th birthday.


May 20th 2012: In May 2005 we first shared YouTube with the world. Seven years later, you’re the ones doing the sharing! We’re so honored that you’ve used YouTube to share how-to tips, political momentshome videoscomedymusic, and so much more.

Last year to celebrate our birthday, we wrote you, the YouTube Community, a thank you note for making our first 6 years so special. And on that birthday you gave us a great present by reaching a record rate of 48 hours of video uploaded to the site every minute. Well Community, this year, on our 7th birthday, you’ve outdone yourselves once again.

Today 72 hours of video are uploaded to the site every minute. Like many 7 year olds around the world, we’re growing up so fast! In other words, every single minute you now upload three whole days worth of video instead of two. That’s 61 Royal Wedding Ceremonies, 841 Bad Romances, and 1,194 Nyan Cats.

We’ve come along way in the past 7 years. What started as a handful of videos shared among friends has transformed into a global platform delivering the next generation of channels to anyone, anywhere, and on any device. This last year was especially big for us. We helped bring more great channels to YouTube and weredesigned the site, making it easier for you to discover, watch and subscribe to the videos you love. And all 800 million of you all over the world have shown us we’re on the right track by increasing subscriptions 50% and watching over 3 billion hours a month.

Behind the tens of millions of channels on YouTube featuring talented filmmakershome videosskateboarding tricksmusic, and car enthusiasts there has always been one consistent voice: you. Throughout our seven years you’ve made the YouTube community what it is. Thank you!

-(via YouTube Blog)

YouTube Opens Partner Program to Everyone


Youtube CreatorsYouTube‘s Partner Program, previously opened only to producers of very popular content, is now open to all content creators from the 20 countries where the program is available.

To become a YouTube Partner, you need to enable your YouTube account and successfully monetize at least one of your videos.

YouTube’s guidelines for successful monetization are here, but in a nutshell, your best bet is to create original content while owning all the rights to commercially use all the visuals and audio in your video.

YouTube Partner program is currently available to everyone in these countries: Argentina, Australia, Brazil, Canada, Colombia, Czech Republic, France, Germany, Ireland, Israel, Japan, Mexico, Netherlands, New Zealand, Poland, South Africa, Spain, Sweden, United Kingdom and the United States.

Newcomers to the program won’t immediately enjoy all the perks popular content creators have, such as custom thumbnails and banners. “We are working on making these and other features available to more newly made partners over time,” says YouTube.

-(via Mashable)

Qik Premium for Android now in market.


Qik has rolled out its premium live video-streaming product to all Android users.

Qik Premium builds on the free Qik video service by adding a few extra features: unlimited video downloads and storage, sending and receiving video mail anytime, automatic video syncing with your computer through Qik Desktop, HD as well as 3D video recording on devices that support it, and priority customer support via a dedicated email.

Qik Premium is free for the first 30 days and $4.99 per month thereafter. The new app is available in the Android Market, and it’s also available for the iPhone [iTunes link].

History : Qik was acquired in January 2011 by Skype for north of $100 million.