YouTube Continues to Destroy All Competitors in Declining Video Market - ReadWriteWeb 

YouTube's huge lead in market share over other online video sites continues to get bigger, even as the over all video viewing market continues a decline. According to traffic analysts Hitwise , YouTube ... now sees 75.43% of traffic to the online video category; that's up 26% from it's May 2007 marketshare of 59.95%. The nearest competitor is still MySpaceTV, which was down a whopping 44% to 9% marketshare. (Full chart of top 5 sites below.) In April we reported that YouTube's dominance in online video was bigger than Google's dominance in search ( 67% ). The new Hitwise numbers raise a number of questions for us. Questions Hitwise reports that overall video viewership in May of this year fell 9% compared to May of last year, but times on site grew 6%. That's strange. We've asked whether the rapidly growing Hulu is included in this batch of numbers and will update this post when we get a reply. (Update: Hitwise says that Hulu is now the 13th most watched video site and is seeing consistent   [More...] [Less...]