Major Label Video Site Vevo Received Investment from Abu Dhabi Media

Universal Music Group, Sony Music, and the other two major labels (who are expected to join Vevo before it launches), plus Google, have found the key investor they have been looking for: Abu Dhabi Media,…

Universal Music Group and Google Partner for Vevo

The rumours are true and Universal Music Group and Google have announced their joint venture, Vevo – a video site offering UMG’s music videos, with advertising revenues shared between the two. The full press release…

Universal Music and YouTube Partner for New Music Vide Website

CNET and the Wall Street Journal are both reporting that Universal Music Group and YouTube are in final negotiations to create a new music videos website, with the working title of Vevo. The site is…