Vevo gets funding from Abu Dhabi at $300m valuation

Vevo, the version of the music industry of Hulu, now has its own version of Providence Equity, the outside investor, who had a brochure in the Web-TV and film joint venture of Abu Dhabi Media Company has purchased a in the company of the owners of Universal Music and Sony (SNE). Terms of the deal were not disclosed, but I said the transaction values the joint venture for 300 million dollars. Google (GOOG) YouTube is not the owner of the company, but that revenue sharing in return for loans Vev