NEW YORK, December 15, 2017

Vevo’s board of directors today announced a leadership transition at the world’s leading all-premium music video and entertainment platform.

Effective immediately, Alan Price has been named interim CEO, adding to his current role as Chief Financial Officer. Price succeeds Erik Huggers, Vevo’s President and CEO since 2015, who has decided to step down to pursue new opportunities.

In making the announcement, Vevo’s board of directors said, “We would like to thank Erik for his hard work, dedication and leadership at Vevo, which grew dramatically during his tenure and helped forge stronger connections between artists and fans through popular features and original programming.”

Vevo, founded in 2009, averages 25 million unique viewers a day and attracts 25 billion viewers monthly who average 101 million hours of video, with 52 percent of consumption taking place on mobile devices. Vevo provides more than 330,000 videos to viewers in Australia, Brazil, Canada, France, Germany, Ireland, Italy, Mexico, the Netherlands, New Zealand, Poland, Spain, the United Kingdom, and the United States.

About Vevo

Vevo is the world’s leading all-premium music video and entertainment platform with over 25 billion monthly views globally. Vevo delivers a personalized and expertly curated experience for audiences to explore and discover music videos, exclusive original programming and live performances from the artists they love on mobile, web and connected TV.