CNET News.com: "YouTube, the leader in Internet video search, said Sunday viewers are now watching more than 100 million videos per day on its site, marking the surge in demand for its 'snack-size' video fare.
Since springing from out of nowhere late last year, YouTube has come to hold the leading position in online video with 29 percent of the U.S. multimedia entertainment market, according to the latest weekly data from Web measurement site Hitwise.
YouTube videos account for 60 percent of all videos watched online, the company said. Videos are delivered free on YouTube and the company is still working on developing advertising and other means of generating revenue to support the business. "
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