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YouTube Now Streaming 100 Million Free Videos Daily |
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Written by Mike Stahl
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Sunday, 23 July 2006 |
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YouTube, the leader in Internet video search, said on Sunday viewers have are now watching more than 100 million videos per day on its site, marking the surge in demand for its "snack-sized" video fare.
Since springing from out of nowhere late last year, YouTube has come to hold the leading position in online video with 29 percent of the U.S. multimedia entertainment market, according to the latest weekly data from Web measurement site Hitwise. YouTube videos account for 60 percent of all videos watched online, the company said. Videos are delivered free on YouTube and the company is still working on developing advertising and other means of generating revenue to support the business. The site specializes in short -- typically 2-minute -- homemade, comic videos created by users. YouTube serves as a quick entertainment break or viewers with broadband computer connections at work or home. Full Story
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Last Updated ( Sunday, 23 July 2006 )
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