YouTube, Google
Inc's video website, is streaming 4 billion online videos every day, a
25 percent increase in the past eight months, according to the company.
The jump in video views comes
as Google pushes YouTube beyond the personal computer, with versions of
the site that work on smartphones and televisions, and as the company
steps up efforts to offer more professional-grade content on the site.
According
to the company, roughly 60 hours of video is now uploaded to YouTube
every minute, compared with the 48 hours of video uploaded per minute in
May.
YouTube, which Google
acquired for $1.65 billion in 2006, represents one of Google's key
opportunities to generate new sources of revenue outside its traditional
Internet search advertising business.
Last
week, Google said that its business running graphical "display" ads -
many of which are integrated alongside YouTube videos - was generating
$5 billion in revenue on an annualized run rate basis.
Still,
most of the 4 billion videos that YouTube now streams worldwide every
day do not make money. Three billion YouTube videos a week are
monetized, according to the company.
YouTube
recently redesigned its website to more prominently showcase
specialized "channels" organized around different types of content. In
October, YouTube announced that it had struck 100 original video
programming deals with media partners including Madonna and Jay-Z.
Thomson Reuters and YouTube recently announced a partnership to create a
Reuters TV channel for the website.