March 9, 2008

Internet video poised for explosive expansion in viewing

A report by investment bank and brokerage Bear Stearns suggests that internet video is on the cusp of an explosion. In the United States over 70% of internet users now stream video, watching an average of 7 minutes a day. Video advertising spend is projected to reach $4.3 billion by 2012, when nearly 90% of internet users in the United States will be watching video online. (InformITV)