- Reuters, Wednesday, April 23, 2014 12:06 PM
Music video hub Vevo is boasting a nearly 50% increase in videos streams over the past year. “The company, which is controlled by Universal Music Group and Sony Music Entertainment, hit a
monthly average of nearly 6 billion views in December, a 46% rise from a year earlier,” Reuters reports. What’s more, close to 65% of the videos are being watched on mobile phones, Vevo
CEO Rio Caraeff, tells Reuters.
Read the whole story at Reuters »