Youtube's competitor is here

Vevo was launched at Skylight Studio in New York last night. This new music vedio hosting website is partly owned by Universal Music and Sony Music Entertainment and is powered by youtube.

The launch party's celebrity participants included Mariah Carey, Rihanna, Adam Lambert, Sheryl Crow, Shania Twain, Bono, Lady Gaga.

What do you thihk will Vevo be able to get more hits than youtube?

The best part of this site I can think of is that ore can official HD videos.

Leave you comments....