Vevo Gives Up Plans to Focus on Creating its Own Music Video Platform

Ironically enough, Vevo’s announcement comes right as Google doubles down on its (yet to roll out) music streaming service, YouTube Music. Vevo has announced that it will give up plans to build its own music video platform.  The company will shut down …

Latest Industry: R. Kelly, WMG, Spotify, YouTube, Vevo, Janet Jackson, American Idol, More…

Warner Music Group releases its Q2 2018. Warner Music Group Corp. has announced its second-quarter financial results for the period ended March 31st, 2018. Revenue grew 16.7%, or 10.4% in constant currency.  Growth in Recorded Music digital, physi…

Vevo hacked as online pranksters deface Despacito and other pop music videos

Still from Spanish TV series Money Heist pops up on the world’s most popular video
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Spotify hires Vevo’s Tom Connaughton as Head of Artist & Label Marketing, UK

Troy Carter says exec will be “a tremendous asset” to Spotify
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YouTube muscles in on Vevo’s territory with new Official Artist Channels

Official Artist Channels will consolidate artist’s subscriber base into a single hub
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Vevo revenues rise 30% to hit $650m in 2017, profitability forecast in 2018

Video streaming service on course to turn a profit by early 2018
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