Vevo, the studio-owned YouTube rival, is launching a 24-hour music video channel in the U.S. and Canada, with a planned expansion into the U.K., Europe and Latin America later this year. Vevo TV, which draws its inspiration from 1980s-era music video channels such as MTV, will be available through ITV-enabled devices such as the Xbox and Roku, as well as a host of smartphones and tablets.

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