I.B. on VEVO

GOOD LOOKS: UMG and Sony Music are said to be deciding whether to sell their stakes in VEVO, HITS' industry insider I.B. Bad reveals in his latest column, which you'll find on the site tomorrow morning. Guggenheim’s Todd Boehly, who appears to be the most likely buyer, is believed to want VEVO as a platform for his company’s TV holdings, which include dick clark productions, the Golden Globes, the AMAs, the ACMs, Dick Clark’s Rockin’ New Year’s Eve With Ryan Seacrest and the Billboard Music Awards. VEVO is now throwing off hundreds of millions in profits to the labels’ bottom lines. If Sony and Universal decide to sell, they’ll pocket a big payout for their equity stake while still using VEVO to expose their content as well as deriving a piece of the ad revenue. (6/20p)