YouTube making ‘significant revenues’

By Cory Bergman 

So says YouTube co-founder Chad Hurley at a Bay Area conference. “We’re in a good position,” Hurley said. “We have the largest audience because we’ve created the largest library of content. When people make a decision to put content online, they want to get on YouTube to reach that large audience.” Hurley said YouTube is looking at ways to extend its video to the mobile universe. And he blamed yesterday’s site outage on a database problem. (Via PaidContent)

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