Vevo’s long-standing financial chief, Alan Price, was named the new CEO of the slimmed-down music-video streaming service on Wednesday. Alan Price has been an executive at Vevo since its founding. Vevo Vevo is a popular purveyor of online music videos, but most people know it best as the little watermark in the corner of more than …
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The record-breaking music video for Despacito disappeared temporarily from YouTube on Tuesday due a security breach affecting video platform Vevo. Five days ago, Luis Fonsi’s video racked up the most views in YouTube history, topping 5 billion. Its disappearance was not unique. More than a dozen other singers, including Taylor Swift, Selena Gomez, Drake and Shakira, were also affected by Tuesday’s …
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Vevo revamped its app for Apple TV with a design it plans to trickle out to other streaming boxes later this year, aimed at displacing music-only apps for TV like Pandora. “We wanted a flagship example of what we could do,” Vevo CEO Erik Huggers said at an unveiling. The app plays to a small but growing segment of how …
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If there were any doubts before, streaming is king now. Revenue from streaming music accounted for the majority of US major record labels’ sales for the first time ever last year, a music industry trade group said Thursday. Streaming vaulted over the one-time leader digital downloads, which declined faster than any previous year. The data underscores the meteoric popularity of …
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Vevo added a tool to its site Monday that lets users make shareable animated GIFs out of five seconds of many of its music videos. It’s Vevo’s latest lure to hook music video lovers, hoping it can entice them to watch more of its videos on its own site rather than YouTube. Vevo is a bedrock for music videos on …
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The stats are in: Digital music streaming has just notched up its best year on record in Australia. But while streaming sales led to a boost in overall revenues for the first time since 2012, the bigger picture is grim. In the past decade, digital sales have simply not done enough to save the bottom line as physical sales have …
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