Vevo used to be an on demand advertising supported video streaming service, owned and financed by a few major labels, formally managed by Vevo LLC headquartered in Delaware and New York. Vevo consisted of the following:
During the period 2012-2015, our company VIDYPS 79 d.o.o. operated as a music distribution company, in the present case responsible for audio and video digital distribution by working as an intermediatory between the music digital stores and music streaming services and the clients, who wished to upload songs to audio digital stores and streaming services and/or music videos to digital streaming services (such as Vevo and YouTube)
Merlin B.V. is the "global digital rights agency for the world's independent label sector" formally headquartered in the Netherlands, but actually run in the United Kingdom.
VIDYPS 79 had a Membership Agreement with Merlin comprising a music digital distribution deal to multiple music digital stores and streaming services (Spotify, Google Play, YouTube, Vevo etc.). The deal between VIDYPS 79 and Merlin B.V. was on a non-exclusive basis. Technically, Merlin B.V. had nothing to do with music or video distribution itself, but the digital stores and streaming services (including Vevo) required that all the royalties for the audio/video views and streams and digital sales must have gone through Merlin.
In 2012, VIDYPS 79 launched Blue2Digital, a highly successful digital music distributon service which lasted all until May 2015, when the aforementioned Vevo, with the help of Merlin (they confiscated all the money VIDYPS 79 had with them) and a couple of scammers (who either were involved with initiating the issue, or came up as a consequence), aborted any further payments to VIDYPS 79 and its clients.
Vevo has left an enormous debt of hundreds of thousands of dollars unpaid to our company and its clients, while they have never come out with an official explanation on this matter and never offered any compensation. Every effort we made to reach an agreement and settle the matter was arrogantly ignored.
The very most of our clients (artists) whose videos were taken down from VEVO were registered in the United States.
Finally, on August 30, 2017 and November 15, 2017, the aforementioned companies and the scammers were reported to the IC3 via WWW.IC3.GOV.
Shortly after, on December 15, 2017, Vevo's board of directors announced a "leadership transition at the world's leading all-premium music video and entertainment platform".
Erik Huggers, Vevo's President and CEO since 2015, had decided to step down to "pursue new opportunities".
Expectedly, on May 24, 2018, Vevo announced "changes to its owned and operated platforms" which resulted in Vevo shutting down its video-hosting service.
- the main website Vevo.com, which used to be an on-demand video streaming website
- Vevo-On-YouTube, which used to represent the branded Vevo pages on YouTube; artists had an option to promote their videos on Vevo.com, Vevo-on-YouTube, or both.