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Google To Invest In Partner Vevo?
February 14, 2013
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It was reported this week that Google/YouTube is strongly considering investing around $50 million in its partner Vevo. This move would make sense for YouTube, considering how much they rely on music to survive – Vevo owns many of the copyrights that make much of the music content on the website possible. If the investment happens, it would put the value of Vevo at around $500 million. Read more about the report and what it means here.
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