The latest post on ‘Mashable’ is titled “Vevo Made $150 Million Last Year”.

Lauren Indvik says, “Vevo generated $150 million in revenue last year, President and CEO Rio D. Caraeff revealed at AllThingsD‘s media conference on Tuesday.

The two-year-old music video platform, a joint venture between Sony Music Entertainment, Universal Music Group and Abu Dhabi Media, has paid out $100 million to content owners over the past two years, he added”.

Vevo Made $150 Million Last Year

Mashable.com

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