From Wired:
"Vevo will launch later this year, a collaboration between Universal Music Group and Google the partners expect to be the leading music video service in the world from day one."
"Google confirmed to Wired.com Thursday that all of Universal Music Group's video assets...will live on Vevo, and that YouTube and eventually, AOL, MTV and Yahoo will embed Universal's videos from Vevo rather than licensing the content directly from the labels."
