Vevo is a joint venture from YouTube, Universal Music Group, Sony Music and AT&T. The company has deals with Abu Dhabi Media and CBS Interactive Music Group as well.
Videos are available through Vevo.com, through a YouTube channel and through special Vevo-branded embed players on social networking sites such as Facebook.
The music video site is negotiating a deal with Warner Music Group.
Vevo is supported by ad revenue which is shared by all the labels and venture members. The site will also sell concert tickets and other merchandise.
Written by: Andre Yoskowitz @ 7 Dec 2009 15:23