Posts Tagged ‘shareholders’

Abu Dhabi Media Company invests in Vevo

Tuesday, October 20th, 2009

Today Vevo announced an investment from the Abu Dhabi Media Company, who now joins Sony Music Entertainment and Universal Music Group as founding shareholders in VEVO.  According to Vevo “It’s an honor to bring in such a solid investment partner”.  Vevo is confident that ADMC has the vision and experience to help guide them through the many opportunities that lay ahead of Vevo. Vevo’s President & CEO Rio Caraeff said “It’s a credit to the music community, and to the global opportunity that VEVO represents, that we have been able to attract such a solid investment partner with the vision and track record of Abu Dhabi Media Company.”