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YouTube & Universal to Launch Music Site

Posted by: , 15:08 AEST, Sat April 11, 2009

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YouTube and Universal will launch a premium music video website as they bid to increase revenue

YouTube and Universal will launch a premium music video website as they bid to increase revenue from YouTube large amount of usage.

The new ad-supported site featuring new hit music videos will be called Vevo and is expected to launch in coming months.

The new site will be a music video hub solely owned by Universal and feature higher-quality videos, as opposed to the typical grainy and often user-generated videos on YouTube.


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