VEVO is owned by majors Universal and Sony, alongside the Abu Dhabi media company - and has a licensing deal with EMI. Stories in the US national media have recently suggested that VEVO could go public in the next 12 months.

However, speaking to today's FT, VEVO CEO Rio Caraeff plainly insisted he had "no interest personally in running a public company".

VEVO this week revealed growth figures for its first two years of business in the US - including ...