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YouTube videos account for 60 percent of all videos watched online

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According to Hitwise (via Reuters), "YouTube videos account for 60 percent of all videos watched online, the company said. Videos are delivered free on YouTube and the company is still working on developing advertising and other means of generating revenue to support the business."

What a success. Looks like now they have to figure out a good business model and turn this cool idea into money.
So much for "The Internet is boring".

Tags: YouTube

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