They say Vevo would create a more sophisticated way to experience music on the web, describing a site that would be the music industry's version of Hulu, the popular U.S.-based online TV service backed by NBC Universal, News Corp (NWSA.O) and Walt Disney Co (DIS.N). NBC Universal is 80 percent owned by General Electric Co (GE.N) and the remainder by Vivendi."
I think that the idea of Vevo is a better way for people to stream music videos. It is sometimes hard to find an official music video on youtube, so this site would hopefully solve those problems. It would also be interesting to see how else they could link music sales to this website.
- Valerie South