YouTube announced on Sunday that it now serves 100 million videos per day. What's more, the site served 2.5 billion videos to nearly 20 million unique visitors over the course of June. According to the latest Hitwise stats, the company has a 29% share of the US multimedia entertainment market and YouTube videos account for 60% of all videos watched online. MySpace Video is still second with 19%, while Yahoo Video, Google Video, AOL Uncut, Metacafe and other players trail behind. The number of videos being uploaded is also pretty phenomenal: they now receive 65,000 uploads per day.
While the stats are pretty amazing, some skeptics still wonder whether YouTube can be turned into a profitable business. Other players in this crowded space include Veoh, Vimeo, Grouper, Mojoflix, eefoof and Lulu TV.
Attention YouTube Users!
Mashable's YouTube account is here - if you're a YouTube user, feel free to add Mashable to your friends list.
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