A short while ago I mentioned that I found on Google’s site that they’re adding 10 hours of video per minute. While impressive numbers, it’s actually mich higher, about twice as high… According to Mashable, YouTube is getting 20 hours of video uploaded per minute! There are 1440 minutes in a day, and that means that there are 28,800 hours of video uploaded per day!! It makes me wonder how many people they hire just to install hardware.
How long can they lose so much money? $470,000,000 this year alone.
I agree that You Tube is one of the strongest online communities, if not THE strongest, but somehow, they’ll need to figure out the monetization problems. No business can run with losses that continue for too long.
That said, taking advantage of You Tube’s channels for all of your company video is a pretty good way to broadcast yourself.