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Vevo Raked In $650M In 2017

Music video platform Vevo made roughly $650 million in revenue in 2017, which was up about 30% year-over-year, the Financial Times reports. “According to Vevo, advertisers have shifted to its platform after pulling millions of dollars from YouTube when they found that their campaigns appeared alongside extremist or offensive content,” FT writes. “The company’s collection of slickly produced music videos attract 25bn views a month.”

Read the whole story at Financial Times »

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