YouTube

YouTube is one of the fastest growing Web 2.0 applications on the net. It started as a place for people to post videos and grew into a multi-million dollar networking programme. People are using the programme in ways never imagined before; it is not unheard of for music executives and potential employers to search YouTube videos and their creators for potential employees of clients. It encompasses an incredibly diverse range of videos such as videos of lectures, ads, home videos, music clips and movies off camera phones, though it is not limited to these.

Some statistics i found on YouTube are included below:

· YouTube hosts over six million videos, growing at about 20 percent every month.
· The videos take up 45 terabytes of storage — about 5,000 home computers’ worth.
· The total time spent watching YouTube videos since it started last year is 9,305 years!
· The content requires several million dollars’ worth of bandwidth a month to transmit.