"The shiny, fun new app lets you watch and share music videos wherever you are, whenever you want, and allows you to peek in on exclusive video premieres and catch live streaming concerts on the go.
Between Live on Letterman sets with exclusive, intimate performances by artists like Katy Perry and Adele, push notifications to give you a holler when a sweet video premiere or live stream is going down and fun bits of trivia while you wait for items to quickly load, VEVO’s bringing you the latest in music videos in the best way we know how."
The app even features HD video playback and the ability to share your finds via Facebook or Twitter, which should make many folks happy. Vevo is of course free in the Marketplace right here [Update: app is now live]
Source: Vevo Blog; (Thanks, Damien H., for the heads up!)