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Industry Moves: Dailymotion Taps Cedric Tournay As New CEO

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The search for a new CEO for also-ran online video site Dailymotion has ended, as Cédric Tournay (pictured) has agreed to take the reins of the Paris-based site, the company said in an e-mailed announcement. Tournay is the former CEO of European health portal Doctissimo.

He replaces the company’s interim head, Ian Brotherston, who in turn stepped in for Mark Zaleski in April. Zaleski was moved over to the role of non-executive chairman and was charged with heading up international operations. With Tournay’s at the helm, Brotherston, a former BT (NYSE: BT) and AOL (NYSE: TWX) exec, will now manage Dailymotion’s EVP International Strategy. Dailymotion has raised a big $34 million round in late 2007, to expand into U.S., but things haven’t gone well for the site stateside, mirroring the woes of the online video industry. According to a French newsletter Stratégies, Dailymotion’s 2008 revenue at €12.5 million ($16.2 million)—that’s big in France, I hear—and reports have suggested it is looking to raise more money.

SEE ALSO: Dailymotion Gets A New CEO, Reportedly Seeking New Investment

Jul 2, 2009 6:33 PM ET

Cédric Tournay Photo: Le Journal DuNet


Posted In: Industry Moves, Social Media, Video, Countries, Europe, France

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