David Nield says, “Since it launched to the public at the end of 2005 (the very first video is still online), YouTube has come to dominate online video in a way that few businesses manage to dominate anything on the Web. Today, it boasts more than a billion users, who are uploading more than 300 hours of video every minute and generating billions of views every single day.

So far, so rosy—but YouTube isn’t exactly the home run that these figures might suggest it is, and it’s facing increasing pressure from all sides. Last month the Wall Street Journal reported that YouTube was only just breaking even; this month, Facebook unveiled a host of new video features designed to steal away a large chunk of YouTube’s share of the market”.

It May Have A Billion Users, But YouTube Isn’t A Sure Thing Just Yet

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