Vevo owners considering selling platform - report
Vevo’s joint owners are considering selling the video platform, according to a report.
The video service is owned by Universal Music Group, Sony Music Entertainment, Google and Abu Dhabi Media, which Bloomberg sources say are close to hiring Goldman Sachs to “explore sale options”.
Bloomberg reports that offers from DreamWorks Animation, Liberty Media Corp and a joint venture between AT&T and Chernin Group are being weighed up.
Vevo hit an average view count of nearly 6 billion in December – ...
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