Vevo Sees 3 Billion Music Video Views a Month

Vevo is a joint venture among Sony Music Entertainment, Universal Music Group, and Abu Dhabi Media and an online destination for music video and music video-related programming. Vevo.com received over 53 million unique visitors in the month of December, all of whom collectively viewed over 801 million videos, which makes it comScore’s second most-trafficked online video site in the United States. If those numbers aren’t impressive enough, you can add to them Vevo’s viewership stats from its YouTube network. Those clock in at a little over 53 million unique viewers and 782+ million video views.

That means last December Vevo at least racked up 1.583 billion (with a “b”) online video views across its website and distribution network in the US alone. Vevo CEO Rio Caraeff recently noted that if you include all the views from outside the US, the global monthly video views numbers top three-and-a-half billion.

“From a

volume perspective our growth has been tremendous,” Caraeff told Ina Fried at AllThingsD’s D: Dive into Media Conference. “We had 300 million global views per month when we launched. Today we’re seeing 3.5 billion views per month. That’s about 42 billion views per year.”

Subscribe to get the latest creator news

Subscribe

Caraeff also revealed those billions of views per year translate into a few hundred million dollars of revenue. Vevo generated $150 million in revenue in 2011 and has paid out labels roughly $100 million over the last two years, which makes for a net positive on the company’s bottom line.

The CEO expects to reach the $1 billion revenue milestone within a “short period of time.” Vevo’s plans to distribute content on the X-Box within 30 days, as well as its planned expansion to six more countries in 2012 should help it get there.

Share
Published by
Joshua Cohen

Recent Posts

After cutting 15% of staff and saying goodbye to its CEO, Peloton must figure out what’s next

Peloton is dismissing a chunk of its workforce, including its top executive. Barry McCarthy announced that he is…

1 hour ago

Meta is using AI to power brand and creator matchmaking on Facebook and Instagram

Meta is looking to improve creator and brand experiences on its platform by investing in AI. The…

2 hours ago

Bob Does Sports cracks a cold one with new “Have a Day” tequila line

Bob Does Sports, the self-dubbed home of "brilliantly dumb sporting adventures" hosted by Robby Berger,…

2 hours ago

Billion Dollar Boy launches biz dev community for creators with flagship location in London

Influencer marketing agency Billion Dollar Boy is launching a new membership community that's "dedicated to…

4 hours ago

Millionaires: Giulia Amato on faith, finding her niche, and getting up at 4 a.m.

Welcome to Millionaires, where we profile creators who have recently crossed the one million follower…

7 hours ago

Creators on the Rise: Celestial Sylvia reads the danger all around us

Welcome to Creators on the Rise, where we find and profile breakout creators who are…

1 day ago