Reginal Thomas
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Vevo Looking For A Buyer


Vevo, is a music video service that controls most of the major label vidoes on YouTube, is currently looking for suitors to either buy a minority or majority stake in the company. The company could be valued at three times its gross revenue close to $1 billion. 

Vevo hired Goldman Sachs and Raine Group to start talking to suitors interested in buying the company. Vevo is projected to make $350 million in revenue. 

Potential buyers for the company include Amazon, Yahoo, Dreamworks Animation, and Liberty Media.