VEVO EMBRACES HUGGERS

Vevo has named Erik Huggers President and CEO, effective immediately. The veteran exec has built up digital video at Verizon, Intel and the BBC; he succeeds Rio Caraeff, who departed Vevo last fall.

Most strikingly, his appointment occasioned a joint statement from UMG and Sony (on behalf of the Vevo ownership consortium), expressing confidence in Huggers and a commitment "to continued support and investment in the long-term success of the company."

After issuing the announcement, everyone got together and watched the Miley Cyrus "Wrecking Ball" video a few million times.