Youtube said they are ready to invest in Vevo (I thought they already invested in Vevo), Youtube and Google have decided to buy a minority stake in Vevo according to insiders who are familiar with the situation. This is second time Google has invested in video company in the last year, in 2012 they also invested in Machinima. Both Youtube and Google invested $35 million Machinima “But while both YouTube and Vevo have signed off on the investment and a renewed distribution deal that includes long-term licenses for the videos, the deal hasn’t closed and could still be derailed”
