In the company's blog to mark the company's three-year anniversary under Google's reign, YouTube founder and CEO Chad Hurley wrote that the Web site streams one billion videos every day, though despite this success it is still not earning a profit.
The blog post read: "Three years after the acquisition, our platform and our business continue to grow and evolve. We are still committed to the same principles that informed the site early on, but we know things have changed..."
It continued with, "As bandwidth has increased, so has our video quality. As we've started to see demand for longer, full-length content, we've brought more shows and movies to the site."
The blog post read: "Three years after the acquisition, our platform and our business continue to grow and evolve. We are still committed to the same principles that informed the site early on, but we know things have changed..."
It continued with, "As bandwidth has increased, so has our video quality. As we've started to see demand for longer, full-length content, we've brought more shows and movies to the site."