Vivendi has confirmed it has made an offer regarding the Orange-owned video platform Dailymotion.
The French media company, which has recently sold its telecom assets, did not disclose how much it had offered although a figure of €250 million has been reported.
Orange declined to comment, with the board thought to be discussing the offer today.
Dailymotion, a French version of YouTube, gets just 128 million monthly unique visitors despite being available around the world in 18 different languages.
In January, it launched a live-streaming platform dedicated to gaming as it looks to diversify its offering.
Orange has been looking to sell at least part of the company for some time.
In 2013, the French government reportedly blocked a sale to Yahoo, although Orange was not keen on that deal.
An executive at the operator said the company was keen for a US partner in order to develop new content deals but that Yahoo had other ideas.
Last month, Orange CEO Stephane Richard confirmed Orange was in discussions with Hong Kong-based PCCW. However, he said the talks were “not at all” exclusive.
PCCW is understood to have pulled out of talks over the weekend after France’s Economy Minister Emmanuel Macron said last week that Orange should look at a range of offers.
The government is thought to want to keep Dailymotion as European.