French multimedia giant Vivendi could soon be launching a multimedia Web site for the third screen, reports Les Echos. The company has set up a new unit, Vivendi Mobile Entertainment with the goal of developing this new portal, which is being compared to Myspace or YouTube, and will offer music, video, film and game content from Vivendi and other partners. The service will be a paid site, and the story reports that it will likely launch in France this fall with a roll out to other European countries to follow.
Vivendi to launch multimedia site this year to rival YouTube, MySpace – report [Les Echos via Forbes]