Today brings another amazing stat about YouTube: Every single minute, over 20 hours of video are now uploaded to YouTube.
Think about that for a minute. In that minute, nearly a days worth of footage will have been uploaded. And the pace is quickening.
Back in 2007, shortly after Google bought the service, it was 6 hours of footage being uploaded every minute.
As recently as January of this year, that number had grown to 15 hours, according to the YouTube blog. Now it’s 20 – soon it will be 24. That’s insane.
It’s true that YouTube is not making Google any money, but when a site has this much dominance over a market, one way or another, there will be a way to effectively monetize it.
Photo by YouTube.