YouTube double the daily viewers of Broadcast/Cable http://yhoo.it/aGzlyb Of course, programming is shorter.
Serving up 2 Billion videos a day on its 5th birthday YouTube now has nearly double the number of viewers than the combined broadcast and cable television market. Of course,YouTube videos are much shorter so the total viewing time is still very much with traditional TV.
At least Television is still mostly profitable. YouTube still hasn’t reached that milestone, although is expected to this year:
In January, Google CEO Eric Schmidt was quoted in the Financial Times saying he expects YouTube to make it into the black at some point in 2010.