http://www.cnn.com/video/#/video/tech/2010/04/25/levs.youtube.supremacy.cnn?hpt=C2
It is hard to believe that YouTube is only 5 years old. According to CNN, YouTube gets over of 24 hours of video uploaded every minute and that they get over a billion views a day.
No wonder YouTube was so aggressive at the beginning. It begs the question, how much does their traffic generate in terms of advertising dollars?
YouTube appears that it can be generous in paying royalties to the respective copyright owners with no problems whatsoever!
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