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Vevo Announces Leadership Transition: President and CEO Rio Caraeff to Leave the Company at the End of 2014

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纽约,纽约州,(11月17日)

Vevo, the world’s leading all-premium music video and entertainment platform, announced today that President and CEO Rio Caraeff will leave the company at the end of 2014 to pursue other opportunities.  The Vevo board of directors has retained an executive search firm to conduct a search for Caraeff’s successor, 立即生效. Vevo’s Chief Financial Officer Alan Price will be acting as interim CEO effective as of January 1st, 2015.

在一份联合声明中, Vevo的所有权集团, which includes Universal Music Group, 索尼音乐娱乐公司, Abu Dhabi Media Company and Google, 说, “We thank Rio for his innumerable contributions to the company since its launch in 2009 and we wish him all the best in the future. 首席执行官, Rio has played a central role in building Vevo into the most visited destination for premium music video and entertainment, and in growing the Vevo brand around the world.  结果是, we are both encouraged by Vevo’s current performance and excited about its potential to become a massive platform for music entertainment.”

“I am tremendously proud of the team that we have assembled and what we have accomplished in our never ending mission to thrill and delight everyone on the planet who loves music video. 我们已经建立了一个了不起的公司, so it is with no small amount of regret that this chapter comes to an end, 但在将近六年之后, the timing is right for our board to identify my successor,” 说 Vevo President and CEO Rio Caraeff. “I want to sincerely thank our board of directors for giving me this once in a lifetime opportunity. There remains much growth in front of Vevo and I know in my heart that the company is in great hands with a deep leadership bench and a steadfast team.” 

今年早些时候, Vevo的所有权集团 underscored its commitment to the joint venture by pledging continued support for Vevo and its growth initiatives, citing the company’s strategic importance. Delivering nearly 100 billion streams across its distribution platform annually, Vevo has generated hundreds of millions of dollars in revenue, growing its business at a rate of over 50% year-over-year since 2010. It also has invested more than half a billion dollars in music video programming through royalties paid to rights owners, 艺术家和词曲作者. 在过去的五年里, 365 music videos from more the 125 artists have generated over 100 million views each. 除了, Vevo has built strong relationships with sponsors and brand marketers, 与1人以上密切合作,100 global advertisers representing 50% of the world’s top 100 marketers who spend across Vevo to reach the largest audience of passionate music fans.

关于Vevo

Vevo is the world’s leading all-premium music video and entertainment platform with over eight billion monthly views globally. Vevo带来了一个100人的图书馆,000个高清音乐视频, exclusive original programming and live concert performances to everyone on the planet who loves music. Viewers can watch on-demand through Vevo.com, the mobile web and apps for mobile/tablets and TVs, 或者通过Vevo TV, the always-on broadcast-style linear music channels built by expert human programmers. 另外, Vevo syndicates its catalogue to dozens of sites across the web giving music fans the option to view their favorite programming anywhere, 任何时候. It is Vevo’s massive scale and reach that has attracted more than 1,100 brand marketers around the globe since its launch in 2009.