MTV loses Web videos from Universal Music
MTV, once the king of music videos, has failed to reach an agreement with music portal Vevo, for the rights to Universal Music Group's Web music videos.
Negotiations between MTV and Vevo over videos from UMG, home of such artists as U2, Amy Winehouse, and Lady Gaga, broke down Thursday, according to Vevo. What this means is that most of MTV's Internet properties will lose access to UMG's videos.
That may not be all. Vevo is the online music-video portal that launched in December and is supported by three of the top four labels, UMG, Sony Music … Read more