Vevo For Sale?

ImageYahoo, Amazon, Dreamworks and others are looking at the world’s largest music video provider Vevo, who has hired Goldman Sachs and Raine Group to help finding investors.

Vevo is the biggest Multi-Channel Network on Youtube and is on track to earning $350 million this year.
Yahoo already has a co-operation in place to drive traffic on its online video outlet Yahoo Screen.

Vevo could struggle in the same way as Hulu in finding investors suitable to its owners.

Read more here.

 

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