vevo

YouTube mulling $50 million investment in Vevo -- report

YouTube might soon invest some cash in Vevo, according to a new report.

Google's video site may be investing $50 million in Vevo, a joint-venture music-video site established by Universal Music and Sony Music Entertainment for music videos, according to a Bloomberg report today, citing people who claim to have knowledge of the negotiations. In return for the $50 million, YouTube would acquire less than 10 percent of the company, indicating Vevo might be valued at over $500 million.

Perhaps more importantly for Google, the deal would also ensure that Vevo's music videos stay on YouTube, according to … Read more

Rumor Has It: Signs point to PlayStation 4 at E3

We're back from CES, and getting right back into the swing of the rumor mill.

This week, rumors of a 4.8-inch iPhone "Math" (say, what?) have been swirling, but we're blaming it on a bad translation. Also, Microsoft might be desperate to save the PC, YouTube might be eyeing music video site Vevo, and Sony's vice president of home entertainment hints at something that really made Karyne's day. We bet you can guess what it is (hint: read the headline of this post).

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Heard a tech rumor you think we should cover? Leave a comment below; ; send us a tweet (@EmilyDreyfuss, @karynelevy, and @CNETRumorShow); or call and leave us a voice mail at 1-800-750-CNET. … Read more

YouTube said to be investing cash in Vevo

Word has it that YouTube is looking to throw some cash in the direction of the music video site Vevo, according to AllThingsD. If these rumors are true, it shows that YouTube is increasingly moving toward the content market.

YouTube was supposedly courting Vevo last May and is now reportedly ready to make an investment, according to AllThingsD. If indeed the video giant does partner with Vevo, the way consumers view content on the site will supposedly stay the same -- which means watching big label music videos for free.

Vevo was tallied as the third most-watched video site in … Read more

Roku adds Spotify, Vevo to its streamed channel offerings

Roku is getting its groove on to deliver music streaming service Spotify and music video service Vevo to living room TVs via its set-top boxes.

Available only to paying Spotify subscribers on select Roku devices, the new music streaming offering allows users to listen to music and manage playlists. However, Spotify says new customers can try the premium subscription free of charge for 30 days.

"Spotify wants to make all of the world's music available for people to enjoy whenever and wherever they are," Pascal de Mul, global head of hardware partnerships at Spotify, said in a … Read more

Vevo expands its reach in Europe

Vevo has launched today in Spain, Italy and France, bringing the expansion of the online music service to 10 countries.

The free entertainment platform first appeared in the United States in 2009. Other markets where Vevo is available include the U.K., Australia, New Zealand, and Brazil.

Today's launch means consumers in the new European markets will be able to access over 50,000 tracks and 4,500 music videos currently hosted on the platform.

Germany is still barred from the service, although Vevo is currently looking into ways to launch there. As The Next Web notes, the country … Read more

U.S. viewers watched 36.9 billion online videos in July

People in the U.S. have an insatiable appetite for watching online videos.

According to new numbers released by market research firm ComScore, 85.5 percent of people in the U.S. with Internet access watched online videos in July -- that's 184 million people who watched a total of 36.9 billion online content videos in only one month. For comparison, that is equal to every single person on Earth watching at least five videos each.

And U.S. viewers' venue of choice is Google, which is not really surprising given the growth and popularity of YouTube. However, … Read more

Publishers gain ground on music-video payday

Songwriters and music publishers don't want to get left out of the online music-video boom.

The top sites -- Vevo and YouTube -- are among the sites already paying fees to the major music publishing companies for music videos, but independent publishers have been left out. Today, the National Music Publishers Association announced that it has reached a "new model agreement" with Universal Music Group that ensures indie publishers get paid.

David Israelite, chief executive of the NMPA, told CNET this morning that the deal with Universal calls for the label to pay indie publishers directly and … Read more

Vevo to get investment from Facebook, Google?

Google and Facebook are both exploring the possibility of an investment in music video service Vevo, according to the New York Post.

An investment would be part of a broader partnership, the Post reported today, citing unspecified sources. It could take the form of an equity stake, as Google and Facebook -- both of which have held talks with Vevo -- vie to win an ad deal with the video service, according to the newspaper.

The Post's sources say that an outside investor could help defray the costs for Vevo to expand to multiple platforms and to acquire music … Read more

Grooveshark CEO talks EMI, YouTube, piracy

Grooveshark CEO Sam Tarantino compares his company to YouTube, reflects on screaming matches with EMI, and reveals that the company now forces ads on users, in an interview with the music blog Evolver.fm published today.

Grooveshark is a company that is likely as well known for its legal woes as anything it has done with digital music. All four of the top record companies have filed copyright complaints against the company. In addition, EMI, which once had a licensing agreement with the service, has accused Grooveshark of failing to pay its bills.

Tarantino spoke with former CNET writer Eliot … Read more

Xbox Live offering free entertainment this weekend

Xbox 360 owners who don't have Live Gold accounts can join in on some of the usual festivities this weekend.

From April 19 through April 23, Microsoft is runing a special promo dubbed "Entertainment Unlocked," offering all Xbox owners a taste of free music, TV shows, and movies.

Xbox users who log in during Microsoft's extended weekend will find free access to SyFy, Crackle, Epix, YouTube, Vevo, and other entertainment sites. Netflix and Hulu Plus are kicking in free 30-day trials. And other online providers will offer streaming music and movies.

The promo is obviously aimed … Read more