BOOM, BOOM: VEVO MAKES ALAN PRICE CEO

Vevo has given interim CEO Alan Price the full-time gig. As CEO Price will continue to focus on maximizing the commercial value of music video content and growing Vevo’s business around the world.

Price, a member of the company’s senior leadership team since its founding in 2009, has been Vevo’s interim CEO since December.

Universal Music Group and Sony Music Entertainment, on behalf of the Vevo ownership group, issued a group statement. “Alan Price is a seasoned music executive and proven leader who has played a key role in Vevo’s growth and development for almost a decade. His deep understanding of Vevo’s mission, and his long track record of success make him the ideal choice to lead the company forward as we continue to support and invest in providing fans with the best premium music video programming.”

Prior to joining Vevo as Chief Financial Officer, Price held numerous senior finance positions at Sony Music.

“Having worked at Vevo since launch, I feel privileged to lead the entire team as we continue to amplify our unique offerings; allowing artists to creatively tell their stories while growing an advertising-based revenue stream that benefits artists, and our label and brand partners,” Price said.

Since making the announcement, the O Lucky Man soundtrack has been placed on an endless loop.