Google is now looking to compete in the premium video rental market.
As if people weren't spending enough time on Youtube as it is...
It wasn't that long ago that the vast majority of people didn't access the Internet at all with their cell phones. Now, you have statistics like this.
Because the most popular phone in the country doesn't support the Flash video standard that powers Youtube, the video sharing giant has launched a new mobile site that's capable with the iPhone's replacement: HTML5.
Google's stranglehold on the online video market is stronger than ever before, raking in more video activity than its closest eight competitors combined, times four.
It's a major victory for Google today, and for Internet users all around, as a federal judge today said that the online giant never broke the law by allowing people to post copyrighted Viacom content on Youtube.
Seemingly not satisfied with its top spot in the free streaming video market, Youtube is beginning to experiment with pay-per-view streaming movie rentals, offering full-length motion pictures starting at $1.99.