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VEVO

A DEAL TO WATCH FOR: VEVO is reviewing various sale options including the sale of a majority stake, according to a Bloomberg report. The article says co-owners UMG, Sony Music, Google and Abu Dhabi Media are preparing to bring in Goldman Sachs to begin the process. Liberty Media, Yahoo, DreamWorks Animation and a JV between AT&T and Chernin Group are said to be in the running, with the price tag in the neighborhood of $1 billion. The label owners and VEVO would probably do licensing deals with any new owner, the report says. VEVO CEO Rio Caraeff noted in a recent interview that the company has been chatting with interested investors and begun the due diligence process with various suitors. Stay tuned. (4/29p)

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