From AdAge.com:
Warner Music Group is calling on a startup to help execute the lynchpin in its new approach the web. The company struck a deal with Outrigger Media, a small group spun out of video site Veoh, to package artists such as Madonna, Ashley Tisdale and Green Day for advertisers.
Hmmm… what happened to Veoh? Read more about the story. But seriously, Veoh’s raised $99M, I would not spin anything out of it, I would be cramming things into it. There is an accounting/legal reason to do this, but it doesn’t look good for Veoh if that is the case.