Saturday, April 29, 2006

You Tube burning through cash while entertaining millions

YouTube has recently raised $11 million dollars in venture capital money. Which is good news for the company that is going through $1 million a month in bandwidth costs! All to show girlfight videos, asian karoke and stolen content. It's a winner! So what do people want to see? A home-made video of two boys lip-synching along to the Pokémon television theme song. (not exactly America's Top Next Model) YouTube has streamed this video more than 9.5 million times in the last four months, making it the site's most-watched movie.

The site's bandwidth costs increase every time a visitor clicks on a video and are estimated to be approaching $1 million a month, much of which goes to provider Limelight Networks.

read more | digg story

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