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paidContent:UK (Free subscription) | 10/23/2009
What will French VOD site Dailymotion use its recent €17 million ($25.5 million; £15.53 million) VC funding round for? To fund an ambitious plan to break the American market, increase audience across Europe and get its content on IPTV and mobile platforms. CEO Cédric Tournay told me in an interview: “The main objective of the company now with this new fundraising is...
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Paidcontent (Free subscription) | 10/23/2009
What will French VOD site Dailymotion use its recent €17 million ($25.5 million; £15.53 million) VC funding round for? To fund an ambitious plan to break the American market, increase audience across Europe and get its content on IPTV and mobile platforms. CEO Cédric Tournay told me in an interview: “The main objective of the company now with this new fundraising is...
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Telecompaper (Free subscription) | 10/22/2009
... size of the stake, FSI said that it will have a seat on Dailymotion's board. The company's CEO, Cedric Tournay, said earlier this month that Dailymotion had raised EUR 15 million from existing backers and a new investor. The funds will be used to finance growth and strengthen the balance sheet.
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Digital Media Wire (Free subscription) | 10/08/2009
Paris - France-based video-sharing site Dailymotion has raised $22.1 million in new financing, CEO Cedric Tournay told French business website Capital.fr. read more
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NewTeeVee (Free subscription) | 10/08/2009
French online video site Dailymotion has raised 15 million Euros ($22.1 million USD) to shore up its resources as the company looks for ways to monetize its audience, reports paidContent. The new funding brings the total amount the company has raised to $65.6 million since 2006. Dailymotion CEO Cedric Tournay told paidContent that his company is [...]
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TechCrunch UK (Free subscription) | 10/08/2009
Video sharing site DailyMotion has raised another €15 million in financing, reveals an interview with CEO Cédric Tournay with French business website Capital.fr ( translated version ). PaidContent followed up with a report in English earlier this morning. Tournay, who joined as CEO just a couple of months ago, tells Capital.fr that the venture recently turned profitable,...
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Paidcontent (Free subscription) | 10/08/2009
French video site Dailymotion, which had already raised $43.5 million since 2006, has now has to find another €15 million ($22.1 million), as the economics of playing second fiddle to overseas vid portals continue to look challenging. Twelve months ago, then CEO Mark Zaleski told me the site didn’t need further funds, but the last year has seen the board swap Zaleski for Cedric Tournay,...
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paidContent:UK (Free subscription) | 10/08/2009
French video site Dailymotion, which had already raised $43.5 million since 2006, has now has to find another €15 million, as the economics of playing second fiddle overseas continue to look challenging. Twelve months ago, then CEO Mark Zaleski told me the site didn’t need further funds, but the last year has seen the board swap Zaleski for Cedric Tournay, who promptly shaved...
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Telecompaper (Free subscription) | 10/08/2009
(Telecompaper) French video sharing portal Dailymotion has raised EUR 15 million from existing backers and a new investor to strengthen its balance sheet and finance its rapid growth, CEO Cedric Tournay told Capital.fr. He expects the company's revenues to rise by 50 percent to over EUR 15 million this year and by another 50 percent in 2010. Dailymotion is now profitable at the operating...
