News YouTube Now Serves Over 4 Billion Streams a Day
posted on 2012-01-23 23:40 EST
YouTube, the video streaming website run by Google Inc., now streams 4 billion videos every day, according to an announcement by the site. The number marks a 25 percent boost in traffic in the last eight months, and includes streams delivered to mobile phones, tablets, and set-top boxes, in addition to PC web browser traffic.
In addition, the site now processes an estimated 60 hours of new video uploads every minute, compared with 48 hours in May. Most of the site's video library is not monetized, but by integrating graphic and video ads, the site now makes money on three billion videos per week.
Un recent years several anime studios, including Kadokawa, Funimation, Toei, and The Right Stuf, have made content available on YouTube in an official capacity. Google acquired YouTube for $1.65 billion in 2006, however the site has yet to turn a profit.
Source: Reuters
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