VEVO Seeks More Funds

VEVO GETTING FLUSHER: VEVO is seeking another $100-150 million in financing from private equity group Allen & Company for expansion overseas, which would peg the music video and entertainment site at a valuation as high as $1 billion, according to President/CEO Rio Caraeff. The company continues to weigh whether to continue with Google’s YouTube as their partner or explore a pairing with rival Facebook. The site also just launched a mobile web version that complements its comprehensive selection of app offerings. (7/9a)

BACK TO RUMOR MILL

		UMG AND TIKTOK WORK IT OUT The kerfuffle is in the past. (5/2a) Check It Out Now LUCIAN SOUNDS OFF ON UMG/TIKTOK DEAL A breakdown from the boss (5/2a) Check It Out Now HITS LIST: HANGIN' OUT With extra relish (5/3a) Check It Out Now LIVE NATION POSTS (ANOTHER) RECORD QUARTER More butts in seats than ever before. (5/3a) Check It Out Now A POST-WALLEN AFFAIR A dynamic duo, y'all (5/3a) Check It Out Now
		THE NEW UMG Gosh, we hope there are more press releases. TIKTOK BANNED! Unless the Senate manages to make this whole thing go away, that is. THE NEW HUGE COUNTRY ACT No, not that one. TRUMP'S CAMPAIGN PLAYLIST Now 100% unlicensed!

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VEVO Seeks More Funds

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