Vevo Climbs Web Video Charts

  Vevo is No. 3 — with a bullet.

The red-hot music site, a joint venture between Sony Music Entertainment and Universal Music Group — with investment from Abu Dhabi Media and backing from Google’s YouTube — reached 48 million unique users in June, per comScore. That makes it the third-largest video site on the Web, trailing YouTube and Yahoo.

The venue — which went live eight months ago — has seen its user base grow steadily.

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