9 Billion Videos Viewed Every Month
As SAG continued its negotiations with the Alliance of Motion Picture & Television Producers on Thursday, the actors union sent its second report to membership, outlining their position on new media and why it is important to actors. The report states that people watch 9 billion videos online every month and that by 2010 the 100 leading media companies will be receive over $20B in revenue. Of course, since this is a union dispute over residuals, undoubtedly we can quibble over the numbers, but regardless of what the "real" numbers are, consumers consumption of video on the web appears to be staggering.
