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French Video Site Dailymotion Needs Cash, Hires CEO

Written by Doug Coleman / April 20, 2009 4:21 PM / 0 Comments

DailyMotion_logo.jpgFrench video sharing site Dailymotion wants to be a YouTube killer outside of the US market but there are reports that say that the company is losing money. Despite raising $34 million just two years ago, some outlets have reported that Dailymotion is trying to raise even more money and is expected to announce that it has named Ian Brotherston as its new Chief Executive Officer. Brotherston would replace Mark Zaleski, who will remain with the company as a Non-Executive Chairman.

Brotherston previously worked at British Telecom and AOL. Be sure to read posts from paidContent and VentureBeat for more information.

DailyMotion company profile provided by TradeVibes


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