/// Vevo CEO: We Made $150 Million in the Last Year Alone

February 1, 2012  |  All Things Digital


When it first debuted in 2009, Vevo aspired to be a “Hulu for music.” Today it’s exactly that: the second largest video property on the Web in the U.S. , a title that — you guessed it — was once held by Hulu. Further evidence of the company’s success: the impressive financials announced by Vevo president and CEO Rio Caraeff during an onstage interview at our D:Dive Into Media conference. “In the last year alone we’ve generated over $150 million,” said Caraeff. “So we’re making money.” Further details to follow …

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Vevo CEO: We Made $150 Million in the Last Year Alone

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