YouTube (GOOG) is reportedly in talks to invest $50M for a 10% stake in music video service...
YouTube (GOOG) is reportedly in talks to invest $50M for a 10% stake in music video service Vevo, which is owned by Sony (SNE), Universal Music and Abu Dhabi Media. Vevo syndicates videos across the Internet, including on YouTube - with which it shares ad revenues - and attracted 51.6M unique U.S. viewers in December.
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