Business Matters: Digging Into Vevo’s $150 Million of Revenue in 2011 …
February 01, 2012
By Glenn Peoples, Nashville
Vevo Announces $150 million in revenue, Averages $0.0043/Stream -- Vevo pulled in $150 million in revenue in 2011 and expects to hit $1 billion soon, CEO Rio Caraeff said at the Dive Into Media conference. Caraeff made the rare financial disclosure at the Wall Street Journal's Dive Into D conference. The company had previously disclosed that it has paid out $100 million in its first 2 years. Read more [...]