Roughly 49% of DailyMotion are going to be sold to Orange

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It was recently announced, that Orange is going to buy roughly 49% of the Paris based Dailymotion for 59 million Euro. Probably there will be a second stage of the transaction where Orange will then buy the rest of Dailymotion. The French youtube-type of service is, according to a previous investor, now profitable. The video-site has over 90 million users and was founded in 2005.