France Stop Yahoo from Buying part of Dailymotion for 200 Million dollars

[froggyboy604]

It looks like lightening has struck on the towers of Dailymotion. Yahoo’s bid to take a $200 million majority stake in the video site — known as the ‘YouTube of France’ — has been killed by the French government, which decided that it didn’t want a U.S. company to take a controlling stake in a French operation, TechCrunch has confirmed with a source close to the situation.

Source

I wonder what will happen to Dailymotion now that they have less money since I doubt many other non-US companies want to buy Dailymotion for as much money since a lot of the videos on Dailymotion can be found on more popular sites like YouTube, Vimeo, Blip, and Yahoo's own video hosting services.

 

[Nuke]

That seems interesting. Yahoo would have been a competitor to Google's Youtube.

 

[Demon_Skeith]

I've found dailymotion will host stuff that youtube won't.