1 Day Before Deal Expires, Vevo and YouTube Far From Agreement

From Billboard:

With less than two days before YouTube’s deal with Vevo expires on Sunday, the two companies are still far from an agreement, according to a source knowledgeable with the negotiations.

But because the contract has a 120-day automatic extension that keeps it in effect through early April, neither side is pressed to get a deal done right away, despite the hundreds of millions of dollars in advertising money at stake.

Continue reading the rest of the story on Billboard