Vevo, the music video service controlling much of YouTube's
major music label videos, is about to be shopped around to potential buyers, and could be valued at as much as three times its gross revenue: close to $ 1 billion.
Not exact matches
Facebook (fb) is reportedly in talks with
major record
labels and
music publishers to reach a deal that would see its billions of users allowed to include
music in
videos uploaded to the platform.
Vevo is considered a hot commodity in the
music industry — its
major -
label, artist - driven
videos come with hefty advertising rates.
Qriocity
music and
video content services from Sony: Consumers can access millions of songs from all
major labels and watch thousands of movies from all
major studios.
It's likely Vevo is trying to compete with the likes of YouTube — something they may just be able to do with
major music labels like Sony and Universal on their side (giving them access to a library of over 100,000 licensed HD
music videos).
The wholesaler has developed long - term relationships with
major book publishers, movie studios, and
music labels and maintains one of the largest in - stock inventories of books,
videos, and
music in the United States.
The software is rumored to be a development in conjunction with the
major music labels, and would be «a new type of interactive album, which will combine photos, lyrics sheets,
video clips, and liner notes, all gathered into an interactive booklet.»
Two German
music fans were fed up with geo - blocking on YouTube, which has been preventing them from accessing
music videos from
major -
label artists.
Spotify has to pay out 70 percent of its revenue from
major label music, but not from other content types like
video and podcasts.