Music video streamer Vevo will shut down its mobile apps and consumer streaming website in the coming weeks, making even more dominant in how people watch its catalog of thousands of official music videos.
YouTube, which is both the source of most of its viewing and a partial owner of the company. (Two of the world's biggest record labels are also part owners.)is a popular purveyor of online music videos, but most people probably know it best as the little watermark on the corner of more than 300,000 official music videos on . Though Vevo publishes some of the , the company itself has for to carve out a life of its own, of
Vevo said in a blog post Thursday it'll "phase out elements" of its owned and operated platforms, which are primarily mobile apps and apps for streaming media boxes like and Apple TV. A company representative said that means it'll be shutting down its mobile apps and Vevo's consumer site over the coming weeks, but it'll support selected TV apps and explore other TV options too.
It'll continue its artist-development promotion programs dscvr and LIFT, which have been helpful in the past to elevate artists like Halsey to wider popularity. It'll also keep producing original content in "new formats" that Vevo plans "to roll out shortly."
The company was already in an unsteady period. CEO Erik Huggers departed in December, and Vevo has yet to appoint a permanent replacement. Sometime late last year, the company yielded more control over advertising to YouTube, when it renegotiated a deal that gives YouTube the ability to directly sell the ads that run against Vevo's clips streamed on Google's massive video service.
And being partly owned by Google and two of the major labels means those frenemies have sometimes used Vevo as a pawn as they negotiate their own deals with each other. The major labels and YouTube completed deals last year as well.
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