Vevo Soars To Second-Largest Video Web Hub
Feb 16, 2011, 12:58 PM
Music hub Vevo has soared to become the second-largest video property on the Web in the U.S., according to comScore. It's twice as large as Hulu, though the latter serve more video ads, reports Mediaweek. Vevo, a music video hub launched in December of 2009, is a joint venture among Universal Music Group, Sony Music Entertainment and investor Abu Dhabi Media Company. In January of 2011 the site reached 51 million unique users. YouTube retains first place.