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As most investors and corporate executives know, Wall Street is driven by short-term expectations. That means any CEO wanting to make big bets that will play out over the long term better have absolute control of his or her company. Otherwise, activist investors are apt to appear.
Vevo, the leading purveyor of online music videos and one of the largest Web video services in the world, is for sale: the company and its bankers have begun taking meetings with a veritable who’s who of media and tech companies that have signaled they could be buyers.
In the media and tech industries, the companies that create movies and TV shows have had an on-again, off-again relationship with the companies that pipe that content into our homes. In some eras, like the early 1990s, they enjoyed living under the same roof. (Think Time Warner and Time Warner ...