Welcome to Market Revolution's blog

Thank you for visiting Market Revolution's blog.

We live and work in exciting times - revolutionary times. Technology continues to recast the media industry.

The extraordinary advance of affordable personal digital technology and the stellar rise of social networks are both distrupting and transforming the media market making this a unique moment to be involved in the convergence sectors we focus on.

This is also our place to ruminate and comment on the world as we see it, we hope you enjoy and please join in.

Saturday, 18 April 2009

YouTube requires rich parent

Interesting economic picture at the global video sharing phenomenon YouTube which supplies 40 per cent of all videos watched online worldwide for free.

Running costs are between 500m to 1bn dollars a year against annual revenues of 240m dollars!

Fortunate that its owner Google is so very rich (and getting richer).

They have an estimated cash pile of 16bn dollars so they can afford to be a generous parent.
Sent from my handheld

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