Orange Acquire a 34% Minority Interest in Skyrock’s Web Operations

Orange announced that it has paid 14 million euros to acquire a 34.15% minority interest in Cascadia, a holding company which combines the web and mobile operations of Skyrock, France’s leading radio station in the 12-24 age group.Read more

Daily Motion Announces $25 Million Funding Round

  DailyMotion, the French video sharing sites which attracts 60 million unique monthly visitors and one billion video views worldwide, announced October 22 that it has raised $25 million (€17 million) in a round led by the French Sovereign Fund and original investors Advent Venture Partners, AGF Private Equity, Atlas Venture and Partech International.Read more

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