YouTube says the battle with TV is already overAssociated Press
NEW YORK—YouTube vs. TV? YouTube says the battle — if there ever was one — is over.
In a flashy presentation to advertisers Wednesday night, Google Executive Chairman Eric Schmidt declined to forecast that Internet video will displace television watching. Instead he declared: “That’s already happened.”
Schmidt says “the future is now” for YouTube, which recently passed the milestone of one billion unique visitors every month. But, he adds, if you think that’s a large number, “wait until you get to six or seven billion.”
YouTube billed the event, which was part of a week of digital media “NewFronts,” as a “brandcast.” YouTube presented itself as a new video entity unlike TV, one with global reach, community engagement and more 18- to 34-year-olds than any cable network.
Recent Stories:From Boxing to baseball: Pacquiao throws first pitch in Dodgers-Nationals game 18 mins elapsed Serena Williams into US Open quarters, sick Bouchard out 22 mins elapsed Pangasinan gov suspends classes in school where shooting happened 1 hour elapsed Study claims cave art made by Neanderthals 1 hour elapsed Protect God’s creation, Tagle urges faithful 1 hour elapsed ‘OFW body handled with respect’ 1 hour elapsed Senate rules not one-sided, Joker Arroyo told 2 hours elapsed Floods displace 25,000 in Maguindanao; Cebu suspends classes 2 hours elapsed