YouTube: 4 Billion hours of videos are watched each month

With all the videos that YouTube has, from comedy to educational, the video sharing site has made a huge impact on how society sees the Web. So how many hours of YouTube videos do individuals watch every month?

Well, the gigantic figure is surely stunning as the Wall Street Journal reports from a YouTube spokesperson that humans watch about four billion hours of video each month.

Last month, Youtube shared last May that individuals watch about 3 billion hours of video footage per month.

YouTube also says that the video sharing site’s members upload 72 hours of video content to the site each minute. Last 2008, the site said that only 10 hours of video are uploaded every minute.

Early in 2012, YouTube placed money, about $150 million, to fund channels that feature famous artists. Just last May, YouTube vowed that they are going to add $200 million to their investment.

YouTube is the world’s largest video sharing site and is the most popular amongst them. Purchased by Google Inc., the two giants contribute to the ever changing landscape of the Web.

How many minutes or hours do you spend frolicking in YouTube and going from one video to another?

Image Source: engadget.com

Three days worth of videos uploaded to YouTube every minute

So how many videos are really there in YouTube’s archive?

YouTube has been in the business for seven years now. And in those seven years, it has grown into a gargantuan video sharing site that nobody expected when they unveiled it.

YouTube can’t say how many videos are in their website. But the team said, “Today, 72 hours of video are uploaded to the site every minute. Like many sever year olds around the world, we’re growing up so fast! In other words, every single minute you now upload three whole days worth of video, instead of two. That’s 61 Royal Wedding Ceremonies, 841 Bad Romances, and 1,194 Nyan Cats.”

A year ago, YouTube set a record when they were recorded to have been uploading 48 hours of video every minute.

The video sharing site started sharing videos in 2005 and was acquired by Google, Inc. back in 2006.

YouTube has evolved into something that is personal. The site now features millions of personal channels that are created by filmmakers, home videos, DIYs, tutorials and many more.

The YouTube team added, “And all the 800 million of you all over the world have shown us we’re on the right track by increasing subscriptions 50% and watching over 3 billion hours a month.”

Image Source: rnw.nl

Facebook set to buy Instagram

Mark Zuckerberg is going ballistic as his company is said to be the next owner of Instagram.

Facebook is going to pay $1 billion in cash and stock to the 2 year old photo sharing app’s developer in what is said to be the largest acquisition of the social media website month’s prior going public.

By acquiring Instagram, Facebook has prevented other companies from purchasing this solid app. Companies like Twitter and Google Inc. is also rumored to be courting the app developer before he decided to stick with Facebook.

According to Paul Becheit, “Anytime you see a social platform that’s growing that quickly, that’s got to be cause to be nervous. It would be better to have bought Twitter at this stage. So if you’re thinking this could be the next Twitter, it could be a smart thing to do,” he said of Facebook.

The social networking site has traditionally purchased small companies as a means of hiring individuals. They usually discontinue the acquired company’s products or they build a similar one and integrate it to their service.

Gartner analyst Ray Valdes said of the acquisition, “Facebook is acquiring a similar company in that it’s fast growing, doesn’t have revenue or a business model, but has become part of the online culture.”

Image Source: Globalpost.com

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