Music Industry Companies Opening Video Site →
Vevo, a Web site for music videos will launch on Tuesday and is co-owned by labels.
Vevo is co-owned by the Universal Music Group, Sony Music Entertainment and the Abu Dhabi Media Company. Vevo said Monday that it had signed up a third major music label, EMI Music, as a video provider, leaving only one holdout among the big four labels, Warner Music. Vevo said conversations with Warner were continuing.
Videos on Vevo will be hosted and streamed by YouTube, the video site owned by Google.
Reblogged from rafimama
