Online Video Revenues Triple In 2011, Could Reach $7 Billion By 2015

According to a new report from Futuresource Consulting, online video revenues tripled this year and they are on the path to becoming a $7 billion industry by 2015.

It’s no mystery that online video is on the rise.  YouTube is now racking up over 3.5 billion daily views from over 800 million monthly viewers, television series fans are turning in their TV sets for Hulu and Netflix and more and more brands are investing advertising dollars in online video campaigns.  But just how big has online video become?  According to a new report from Futuresource Consulting, online video revenues tripled this year and they are on the path to becoming a $7 billion industry by 2015.

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