Valleywag
ComScore tells us Google is trouncing its competitors in the online-video market. In January 2008, one in three online videos viewed in the U.S. were watched on YouTube -- totaling 3.4 billion videos. The next closest competitor, Fox Interactive -- mostly MySpace -- had a mere 6 percent share, with just under 600 million videos watched.
Even more astounding are the average minutes per viewer. A typical YouTube visitor spent almost two hours a month on the site, watching 41.4 videos each. Now if only Google could find a way to make money off all of those screen-glued eyeballs. Until then, we won't know if YouTube at $1.65 billion was really a steal.
$1.65 billion for YouTube looks like a steal now -- or does it?
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2:00 PM on Fri Mar 14 2008
By Jordan Golson
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