Sunday, June 07, 2009

Sony becomes 2nd label on Vevo music video site

"Recording company Sony Music Entertainment has joined Vevo, an online music video site due to launch this year with the backing of Universal Music Group and YouTube. The music unit of Sony Corp. will take an equity stake in the venture. The other two major recording companies, Warner Music Group Corp. and EMI Group PLC, are also in talks on joining." - AP
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