Sunday, July 16, 2006

YouTube Number One Video Site on the Net

YouTube is now officially the number one video site on the net, with users watching over 100 million videos per day. YouTube also accounts for 60% of all videos watched online, and 29% of the US multimedia entertainment market.

The site specializes in short 2 to 3 minute home made videos. Most of them are comic in nature, and are played as comic relief at work and at home.

In June alone 2.5 billion videos were watched on YouTube, with an average of 65,000 new videos uploaded daily. Additionally, YouTube receives 20 million unique visitors per month.

Comparably, News Corps' MySpace captures just 19% of the multimedia market, and Yahoo, Google, and MSN each have 3% to 5% of the video search market.

Interestingly, for all the videos served up by YouTube, the company is run by a mere 30 employees.

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At 2:01 AM, Anonymous Gerri said...

YouTube is always the first place I check when I hear about a viral video. They almost always have whatever you are looking for.. so they deserve to be #1 :) I can't believe they do it with only 30 employees.. wow.. they must be 30 workaholics.


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