Arnaud Montebourg

Orange ‘to offload’ Dailymotion stake

Orange is set to enter into exclusive talks with Hong Kong-based telco PCCW to sell a 49% stake in Dailymotion, its online video portal, according to a Wall Street Journal report. Citing unnamed sources familiar with the matter, the WSJ reported that Orange has told its board that will begin exclusive negotiations with PCCW in […]

French broadcasters won’t team to fight Netflix

France’s leading broadcasters are unlikely to group together to form a subscription video-on-demand alliance to counter Netflix, according to Canal+ CEO Bertrand Meheut. Speaking at a conference organised by daily Le Figaro and research group NPA Conseil, Meheut reportedly said that an SVOD offering already existed in France in the form of its own Canalplay […]

French minister calls for local reaction to Netflix

French economy minister Arnaud Montebourg has called on the country’s audiovisual and digital industries to unit to offer alternative home-grown platforms in the face of an expected onslaught of “Anglo-Saxon” platforms on the French market, led by Netflix’s imminent launch. In a long and wide-ranging speech on France’s economic development yesterday, Montebourg said that he […]

Orange to pre-empt Netflix with Orangecast launch

Orange is preparing to take on the imminent threat of Netflix’s arrival in France by launching a new OTT subscription video-on-demand service that will be made available via a WiFi-connectable HDMI dongle that can be plugged into TVs. The initiative has been pushed by French economic development minister Arnaud Montebourg, who confirmed the plan this […]

Orange to invest extra €30m into Dailymotion

Orange’s CEO has confirmed the company will invest a further €30 million (US$39.7 million) in developing video sharing site Dailymotion following its failure to strike a deal with Yahoo! to take a stake in the operation. CEO Stéphane Richard told financial daily Les Echos that Orange had decided to develop the site using internal resources. […]

Orange will look for partner for Dailymotion

Orange plans to invest between €30 and €50 million in Dailymotion and will not divest the online video site in the short term, according to CEO Stéphane Richard. However, it does plan to seek a strategic partner for Dailymotion in the autumn to contribute to its development and, in particular, to help establish it in […]