MediaWorks signs deal with Vevo to gain stream of offshore video content it can sell to advertisers

By Jonathan Underhill
Sept. 1 (BusinessDesk) - MediaWorks Investments, the broadcaster owned by US private equity firm Oaktree Capital, has inked what it says is an exclusive deal with Vevo that will allow it to sell advertising around streaming video content that globally attracts 18.7 billion views a month.
MediaWorks said under the deal it will become Vevo's exclusive premium video sales partner in New Zealand. It will make the Auckland-based broadcaster New Zealand's "largest supplier of professionally-produced, premium online video c...
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