|
Revenues at Google Inc's online video site YouTube are continuing to rise despite the poor global economy, YouTube co-founder Chad Hurley said on Tuesday. "I can't comment on numbers but we had two spectacular quarters," Hurley told a news conference in Jerusalem marking the launch of Israeli President Shimon Peres's new YouTube channel. "The economy is having some rough times but our costs continue to go down and our revenues continue to go up. It's a good combination for success" he said. "We are going to build on that." Hurley said YouTube continues to grow in terms of traffic, reaching more than 1 billion views a day, while receiving nearly 24 hours of video every minute. "We are not satisfied," he said. "We continue to feel we can build a better product - better ways for partners to earn money on our site and generate revenues and better ways that advertisers can get in front of a global audience in more targeted and relevant ways." Hurley declined to elaborate. In July, Google said the company was monetising - showing videos supported by advertising - more than 1 billion video views a week. It said at the time that YouTube was on track to become profitable in the "not too distant future". Peres, a former prime minister and Nobel Peace Prize winner, said he opted for a YouTube channel to spread his vision of peace around the world. Hurley said that when he started YouTube five years ago, he could not have imagined the site would be used as a "vehicle for peace". |
Tags: YouTube
Mixx
Facebook
Twitter
Digg
delicious
reddit
MySpace
StumbleUpon
LinkedIn
YouTube launches a channel for Human Rights
With social networking, particularly on the scene pictures and videos, being a massive part of the uprisal of the Arab Spring, it only makes sense for
Alternatives to Youtube catch on with mobile crowd
YouTube updates Shows page for Indian TV viewers
Delhi HC acquits Microsoft in objectionable content feud
Search engine users disapprove of data collection - survey
Google sanitizes content to escape lawsuit
Court drops Microsoft India from objectionable content feud; fines petitioner instead
The latest "should they-shouldn't they" event with Facebook is the lift of the minimu...
Leaked Images, Availability, Pricing,
Specs, Pre-order
Top 5 free all-in-one messengers for Windows
The number of instant messaging services have exploded, since the first...
Project Darpan: Digitizing Indian local languages
Compared to the relatively slow adoption rate of the traditional PC, that...
Top 10 tips for Internet Explorer 9
Microsoft’s browser Internet Explorer has been around a while and things
By Tech2
Nokia working on future PureView handsets, Lumia devices not in the frame yet
Chinmay Patel
Sat May 26, 02:49:40
Samsung Galaxy Ace Duos GSM announced
Pulkit Popli
Sat May 26, 01:03:29
Samsung Galaxy Ace Duos GSM announced
Rishi Mahajan
Fri May 25, 23:40:46
_011517074205_160x90.jpg "Epson Stylus Photo R3000")
BlackBerry Curve 9320 announced in India...
Samsung Galaxy Ace Duos GSM announced
Future iPhone, iPads may offer optical...
Google's official 7-inch tablet...
About Us | Site Profile | Tech2 Team | IBNLive News | IBNLive Hindi News | Cricket News | Indian Stock Market | Policy | T & C
Copyright © 2011, Tech2.com India - A Network 18 India Venture
