YouTube announced that over a billion people are now visiting its online video site each month. YouTube first hit 800 million monthly visitors in October 2011.
Over the past two years, YouTube has tried to prioritize watching along distinct channels from its content creators. In 2012, the streaming video site seeded 96 channels with around $100 million in funding to help them accelerate that growth.
When asked if the channel funding investment had paid off, vice president and global head of content partnerships Robert Kyncl said, “Every year we reserve the right to get smarter. What we’re looking for is the acceleration of those who are figuring out how to retail their content.”
Source: PressTelegram.com
