MySpace plans to launch a refurbished version of its MySpace Video service tomorrow, but it hardly seems worth it in light of the latest metrics for the online video market. Because, according to research outfit Hitwise, YouTube is Web video’s 800-pound moron-in-a-gorilla-suit. The site’s share of the online video market in the states rose 70% from January through May, roundly beating all comers into submission. “In comparison,” said Hitwise Research Director LeeAnn Prescott, “the market share of visits to a custom category of 64 other video sites increased by only 8% in that period. As of May 2007, YouTube’s market share was 50% greater than those 64 sites combined.”
John Paczkowski has been poking fun at the tech industry and the personalities that drive it since 1997. From 1999 to 2007, he wrote the award-winning tech news Web log Good Morning Silicon Valley for the San Jose Mercury News, Silicon Valley's daily newspaper.
Here is a statement of my ethics and coverage policies. It is more than most of you want to know, but, in the age of suspicion of the media, I am laying it all out.
