Sunday, 24 February 2008

2006_09_01_archive



rise and rise of YouTube".

[QUOTE]

YouTube has established itself at the top of the league of the new

generation of community websites by becoming even more popular than

MySpace, according to research.

The video sharing site has taken a 3.9% share of global internet

visits a day compared with 3.35% for MySpace, according to internet

analysis company Alexa.

YouTube's popularity has grown immensely over the first six months of

the year. In May its reach outgrew that of the BBC's websites.

According to Nielsen/NetRatings, YouTube's American user base grew by

297% in the first half of the year.

Its success has been such that a price tag of as much as $1bn (�536bn)

- far more than the �332m that Rupert Murdoch paid for MySpace - has

been put on the company and rumours are circulating of a possible

initial public offering.

YouTube's reach - the number of users per million that visit a

particular site - has increased by 155% in the past three months.

In contrast, MySpace's growth appears to have slowed, increasing by

just 9% in the same period.

"YouTube has a far more universal appeal, being pure entertainment

with a global appeal," said Dan Calladine, the research director at

digital agency network Isobar.

"MySpace's levels have been moving within the same range since April,


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