Mirror Daily

Friday, April 23, 2021
Log in
  • Home
  • National & Global News
  • Business & Economy
  • Tech & Science
  • Health
  • About Mirror Daily
    • Our Team
    • Contact Us
    • Terms of Use
    • Privacy Policy GDPR
  • Latest News
    • The Geological Features of Pluto Have Just Gotten Dark Names Inspired from the Underworld
    • The Abuse of Imodium
    • McDonald’s Salads are worse than their Burgers
    • US Family Sues Hospital Over Botched Tonsillectomy
    • Should We Go Back to The Moon?
    • Photo of Gay Military Men Kissing Goes Viral

Pages

  • About Mirror Daily
  • Contact Us
  • Fossil Reveals That Dinosaurs Suffered from Arthritis
  • Our Team
  • Privacy Policy GDPR
  • Terms of Use
  • World Breastfeeding Week: Advantages and Disadvantages

Recent Posts

  • Canadian Teen Killed by Toxic Shock Syndrome on School Trip June 29, 2018
  • Donut Fries Coming to Dunkin’ Donuts Nationwide June 28, 2018
  • Kohl’s Hiring Workers for Holiday Season amid Labor Shortage June 28, 2018
  • This is How You’re Sabotaging Your Skin Safety June 27, 2018
  • SF Woman Calls Cops on Little Girl for Selling Water on Street June 26, 2018
  • Sarah Sanders Misused Official Twitter Account to Complain about Restaurant June 25, 2018
  • Man Arrested for Placing 10-Ft-Long Heroin Spoon Outside Drug Maker HQ June 25, 2018

YouTube CEO at VidCon: “Competition is complementary to our business”

July 25, 2015 By Joe Hennessey Leave a Comment

alt="Susan Wojcicki, CEO of YouTube delivers her keynote"

In spite of the rising temperatures during this year’s VidCon, the conference gathering all the big players in the online video production business and their fans, thousands of teenagers didn’t mind standing in line for hours just so they could get selfies with their favorite YouTube stars.

But besides the throngs of fans rushing from one Web-celebrity to another, YouTube CEO Susan Wojcicki had the honor of giving the keynote speech, saying that this past year has been the best in YouTube’s decade-long history, a bold statement with real numbers to back it up.

The online-video entertainment platform continues to reach more teenagers and youngsters than any other media outlet, as it currently boasts more than a billion global users. Not only that, but the average YouTube viewing time has gone up with 60 percent over last year’s stats.

According to the short overview that Wojcicki presented, each minute sees more than 400 hours of footage uploaded on the platform – a striking figure in itself. Meanwhile, another growth was noticed in the number of channels that make at least six figures a year in YouTube revenue – this category saw a 50 percent rise.

YouTube’s growth has yet to be matched by another social media platform; not even Facebook can rise to its level, not for a while longer, at least. But the video market is expanding on a high rate, and Facebook is witness to that: according to April reports, the milestone of 4 billion video views per day has been passed in just 5 months.

Even though there are many YouTube stars who casually experimented with uploading their videos on other platforms – mostly Facebook – Wojcicki said the company welcomed competition as being “complementary to our business.” She is confident content creators will eventually come back to the place where success is guaranteed.

One of YouTube’s hallmarks for years now is sharing the revenue generated through advertising with video makers – but even this front has been threatened, as Facebook plans on starting a similar revenue-split model by giving 55 percent to content creators and 45 percent to the company.

Wojcicki also talked about the power that YouTube has in making people celebrities, as the community chooses who deserves the popularity vote – a phenomenon she called “the reinvention of television.”

New kinds of entertainment were possible in the flexible environment YouTube offers, giving creators the opportunity of expressing themselves outside the traditional rules of television. And above all, YouTube stands by engagement and community.
Image Source: Mashable

The following two tabs change content below.
  • Bio
  • Latest Posts

Joe Hennessey

Joe has started his career as a fictional writer. He was acclaimed for both his inventive biographies and his formally diverse fiction. After getting married Joe has settled down in El Paso and currently works as an editor and most senior contributor of The Mirror Daily.

Latest posts by Joe Hennessey (see all)

  • Nuclear Tests During the Cold War Affected Space Weather - May 21, 2017
  • Facebook Messenger Gets a New Look to Improve Navigation - May 20, 2017
  • Wisconsin Officials Create Special Website for People with Mental Health Issues - May 12, 2017

Share this:

  • Tweet
  • Share on Tumblr

Filed Under: Tech & Science

Subscribe to Blog via Email

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

Recent Articles

Albert Einstein in group photo

Einstein’s Travel Diaries Reveal His Lesser Known Racist Side

June 14, 2018 By John Birks

Baobab tree in Tanzania

Southern Africa’s Iconic Baobab Trees Facing Massive Die-Off

June 11, 2018 By John Birks

UFO 'Self Parking' Sign

Researcher Accuses NASA of Massive Alien Cover-Up

March 5, 2018 By John Birks

Elon Musk's flying Tesla roadster

NASA Warns Elon Musk’s Flying Tesla Roadster May Contaminate Mars

February 28, 2018 By John Birks

Windows 10 home screen

Microsoft Working on Making Windows Password-Free

February 12, 2018 By John Birks

Ice Cubes

Scientists Discover Fourth State of Water: Superionic Ice

February 10, 2018 By John Birks

Head of a northern gannet

Forever Alone Nigel the Gannet Found Dead near Fake Partner

February 3, 2018 By John Birks

Globular Star Cluster

Scientists Find Surprise Black Hole in Globular Star Cluster

January 20, 2018 By John Birks

The Amazon Echo Dot

America’s Smart Speaker Market Jumps to 39 Million Users

January 15, 2018 By John Birks

Pink plasma ball

CES 2018: Intel Presents Out-of-This-World Quantum Computer

January 10, 2018 By John Birks

Teen using her iPad

Major Apple Investors Urge Company to Do More About iPhone Addiction

January 8, 2018 By John Birks

Russian spacecraft

Out-of-Control Chinese Space Station Hurling Toward Earth

January 5, 2018 By John Birks

wanning moon seen on the evening sky in between trees

Scientists Thrilled about Trump’s Initiative to Send Explorers Back to the Moon

December 31, 2017 By John Birks

Two iPhone 7 models on table

Apple Confirms Slower-iPhone Conspiracy Theory

December 22, 2017 By John Birks

Related Articles

  • Albert Einstein in group photo

    Einstein’s Travel Diaries Reveal His Lesser Known Racist Side

    Jun 14, 2018
  • Baobab tree in Tanzania

    Southern Africa’s Iconic Baobab Trees Facing Massive Die-Off

    Jun 11, 2018
  • UFO 'Self Parking' Sign

    Researcher Accuses NASA of Massive Alien Cover-Up

    Mar 5, 2018
  • Elon Musk's flying Tesla roadster

    NASA Warns Elon Musk’s Flying Tesla Roadster May Contaminate Mars

    Feb 28, 2018
  • Windows 10 home screen

    Microsoft Working on Making Windows Password-Free

    Feb 12, 2018
  • Ice Cubes

    Scientists Discover Fourth State of Water: Superionic Ice

    Feb 10, 2018
  • Head of a northern gannet

    Forever Alone Nigel the Gannet Found Dead near Fake Partner

    Feb 3, 2018
  • Globular Star Cluster

    Scientists Find Surprise Black Hole in Globular Star Cluster

    Jan 20, 2018
  • The Amazon Echo Dot

    America’s Smart Speaker Market Jumps to 39 Million Users

    Jan 15, 2018
  • Pink plasma ball

    CES 2018: Intel Presents Out-of-This-World Quantum Computer

    Jan 10, 2018

Categories

  • Business & Economy
  • Capital & Retail Sector
  • Health
  • IT & Diversified Sector
  • National & Global News
  • Tech & Science

Copyright © 2021 MirrorDaily.com

About · Privacy Policy · Terms of Use · Contact