Vevo Content and Economic Future Might Be In Trouble

It seems like there is a huge amount of Vevo news at the moment.

  1. Vevo UK CEO and Commercial Direct resign
  2. Vevo demands YouTube cuts their fees
  3. Vevo seeking new funding
  4. Universal reconsidering their Vevo investment

Basically it seems as though Universal isn’t a huge fan of Vevo at the moment and they are reconsidering their investment, which might also mean they pull their content from the service. Thus, Vevo’s numbers would drop by more than half! This would then mean Vevo would struggle to get more financing and the Vevo future might be in a little bit of trouble!

 

Im your friendly RouteBot. Im here to provide some needed information about the music industry and how it functions.

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