Vevo plans paid subscription service

Thursday 18 February 2016 | 09:25 CET | News
Online music video service Vevo is working on a subscription offering, Re/code reports. CEO Erik Huggers said the company could introduce a paid version of the popular service as soon as this year. "Today our business is all about ad-supported," said Huggers, speaking at the Code/Media conference in California. "So we think that one of the important things — we hear this throughout the industry — is the move toward subscription. That's something we're interested in." Vevo is a joint venture of Universal Music Group and Sony Music and attracts around 17 billion video views a month. Huggers

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Categories: Internet
Companies: Sony / Universal Music / Vevo
Countries: World
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