Music Business

Vevo Hires Goldman Sachs To Raise Up To $500 Million

Vevo has hired Goldman Sachs to help it raise $3-$500 million, according to The Financial Times. The money will fund international expansion, acquisitions and original programming. UMG and Sony each own. Continue reading [https://www.hypebot.com/hypebot/2016/08/vevo-hires-goldman-sachs-to-raise-up-t

, and Bruce Houghton

Aug 19, 2016

Vevo has hired Goldman Sachs to help it raise $3-$500 million, according to The Financial Times. The money will fund international expansion, acquisitions and original programming. UMG and Sony each own about 40% of the music-centered digital video service.