Welcome To Billion Dollar Videos

Hello and welcome to my first blog - Billion Dollar Videos. I have been "web crazy" for almost five years now and over this period of time, I have often been amazed by the pace at which the World Wide Web has evolved. Thank God spiders don't evolve so fast or this whole planet would have really lived the nightmare of the "eight legged freaks". After going through peaks of highs and lows, the internet in present times have stabilized it seems, not only with many more sustainable and profitable business models developing but also with the remarkable difference it has brought about when it comes to entertainment.

Online videos sites are probably everywhere on the net now, and most of them are able to draw a decent traffic and gather a following. It's the age of viral marketing and what could be better than the entertaining and often educative videos that have the power to attract and hold visitors for quite some time. And they travel fast. Well maybe these attributes have led them to be one of the fastest growing money making device on the internet. It can be arguably safe to predict now that online videos can earn billion dollars.

Don't agree with me? Well at least a few surveys and reports point to that. eMarketer.com reports

In 2011, nearly one in every ten dollars spent for advertising on the Internet will be for video advertising. As advertisers continue to shift budgets from television advertising, video ads will become a driving force in overall Internet ad spending gains.

What? But how? Oh yeah...here's a stats to support that...

More arguements? Shoot me some comments so that we can discuss and maybe something more will come out of it. Or start running a video site...maybe you would become a billionaire too.

So much for the day...