Facebook Almost Doubles Video Streams In One Month
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While Facebook is the largest photo platform on the web, the company only recently became a dominant force in the video streaming space. In the past month, the company doubled the number of video streams from 110.418 million streams to 216.765 million streams according to Nielsen’s latest VideoCensus numbers. That’s a dramatic increase, making the site the third largest video site on the web, behind YouTube and Hulu.
The fact that Facebook can remain profitable while scaling the largest photo service on the web and one of the fastest growing video services is incredible.