YouTube has changed the way video content is stored, transmitted, and viewed in the world. Yesterday's television is today's YouTube. YouTube has put the ability to publish video content to the world at the fingertips of anyone with an internet connection. The fact that viewing videos on YouTube is free and could be viewed at the convenience of your time generates a humongous amount of traffic. The statistics are staggering:
- 6 out of 10 people prefer online video platforms to live TV
- YouTube is the third most visited site in the world after Google and Facebook
- 300 hours of videos are uploaded on YouTube every hour
- 25 billion hours of video is watched each month
This explains the reason that YouTube was acquired by Google in 2006 for $1.65 billion. One big difference between TV...