Eric Schmidt Says YouTube Has Left Conventional TV Far Behind

There have been many arguments for and against this statement, however fact and numbers are hard to refute. Recently, YouTube sailed past the board for a billion unique monthly visitors and Google's executive chairman Eric Schmidt believes that internet video has left conventional television far behind. He says that YouTube's numbers will only keep going higher as the service becomes available in a number of third world countries, by then the world's most used video sharing site will amass multi...