Online video to be worth $6.3 billion in 2012

“Although online video is often free to consumers—just think of YouTube or CBS’s Innertube service—it still makes big advertising dollars. When you combine ad revenues from the free sites with money from pay services like Unbox, iTunes, and CinemaNow, the online video market is already pulling in $538 million in the US alone. That’s not bad, but it’s poised to grow more than tenfold in only six years…” (Read full article here)

Add comment January 31st, 2007