YouTube Crosses 4 Billion Video Streams a Day
NEW YORK - Google-owned online video site YouTube is now streaming 4 billion videos every day, a 25 percent increase over the past eight months, Reuters reported.
The increase in video views comes at a time when Google has pushed YouTube, which the Internet giant bought for $1.65 billion in 2006, beyond the personal computer to smartphones and TV screens.
It also comes as the video site continues to roll out channels with professional content after unveiling channels with the likes of Jay-Z, Madonna and Sofia Vergara in October.
According to the company, about 60 hours of video is now being uploaded to YouTube every minute, compared with 48 hours in May, Reuters said.
However, most of the videos that YouTube streams worldwide still do not make money, with about three billion videos a week being monetized, Reuters said.