In October 2009, VEVO received a strategic investment from AbuDhabiMediaCompany (ADMC). This explains why “under both the old deal and the new one the company is set to strike, VEVO hands over about a third of its revenue to YouTube,” according...
In October 2009, VEVO received a strategic investment from AbuDhabiMediaCompany (ADMC), one of the world's fastest growing, multi-platform media organizations. In April 2009, Universal Music Group (UMG), the world’s leading music company Google...
VEVO is a new online entertainment network started by Universal Music Group, Sony Music Entertainment and AbuDhabiMediaCompany and powered by YouTube. The site launched December 8th. And what a first month VEVO had.
Oh, and VEVO just got an undisclosed investment from AbuDhabiMediaCompany, which is backed by the people from the United Arab Emirates. According to a blog post by Heather Dougherty, Director of Research at Experian Hitwise, Google is expected...