Interesting Stats on Video Online
I posted yesterday on Pattern Recognition about a Long Bet that had been adjudicated on the topic of online video, and then today came across a post on the official YouTube blog about how quickly the amount of video that is uploaded to YouTube is growing. Back in March they reported that there were 24 hours of video being uploaded to YouTube every minute. Incredibly, that number just keeps going up, and it’s now over 35 hours per minute.

As YouTube says in its post:
…2,100 hours uploaded every 60 minutes, or 50,400 hours uploaded to YouTube every day. If we were to measure that in movie terms (assuming the average Hollywood film is around 120 minutes long), 35 hours a minute is the equivalent of over 176,000 full-length Hollywood releases every week. Another way to think about it is: If three of the major U.S. networks were broadcasting 24 hours a day, 7 days a week, 365 days a year for the last 60 years, they still wouldn’t have broadcast as much content as is uploaded to YouTube every 30 days.
Wow!
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