Is Vevo ready to break up with YouTube? According to CNET’s Greg Sandoval, the two-year old music video company — a joint venture between Universal Music and Sony — has been talking to Facebook about switching teams. That’s a move that could have major ripple effects in the digital video industry.
It seems awfully risky for Vevo to chance losing YouTube’s traffic fire house. The company has been a tremendous media success story, but the Vevo brand is hardly a household name. While Vevo does have a popular app on Facebook’s Open Graph, expecting users to shift their music video watching to Facebook would represent a major behavioral shift.
As for Facebook, CNET sees a major upside, Sandoval writes:
If Vevo were to jump, Facebook could boost its music offering, which it has done only in incremental ways in recent months. In September, Facebook Music was launched, a service that enables users to share information about their listening habits and tastes in real time.
Last week, the social network expanded on that with a new music-sharing feature. Facebook’s “Listen With” button enables users who subscribe to Spotify, Rdio, and MOG to listen to the same song at the same point in the song with friends and chat about the music. But there’s still no real compelling Facebook-driven music service.
Here’s the most compelling thing a Vevo deal could offer Facebook: CEO Mark Zuckerberg could offer free-music listening in the form of music videos–just like YouTube does now–to the company’s users. That would certainly help Facebook keep users on the site longer, something the company is determined to do.
-
How chef influencer Tue Nguyen works with the BuzzFeed Creator Network
BuzzFeed's Creator Network has been valuable from an audience and production education standpoint, but Nguyen still drives most of her business on her own.
-
Dentsu’s new Web3 readiness tool shines light on the tech’s potential to complement AI
Dentsu's Innovation Initiative is launching a web3 readiness index next month — at a time when the industry is obsessed with AI. Could the two technologies actually make a good pair?
-
Digiday+ Research deep dive: Publishers large and small put their resources into first-party data
Eighty-two percent of publishers overall say they're already using first-party data to prepare for the end of the third-party cookie, and nearly half are requiring users to register and integrating first-party data segments into DSPs – indicating that first-party data is the clear path forward for publishers heading into the post-cookie world.
-
SponsoredHow enterprise-grade CDPs are enhancing data processes and improving customer experiences
Produced in partnership with Marketecture The following article highlights an interview between Martin Kihn, Salesforce’s senior vice president of Marketing Cloud, and Ari Paparo, founder and CEO of Marketecture Media. Register to watch more of the discussion and learn how brands are making the most of enterprise-grade CDP technologies. As brands expand across channels and […]
-
Media Briefing: Why publishers hope chatbots will be the latest retention tool
Publishers hope the chatbots they are developing will be the latest retention tool to keep readers onsite and to get them to consume more content.
-
Why podcasters are selling subscriptions through third-party vendors
Many podcasters are turning to third party platforms like Supporting Cast and Supercast to launch or grow their subscription businesses beyond Spotify or Apple.
