November 24, 2014
NEW YORK (AP) - YouTube vs. TV? YouTube says the battle - if there ever was one - is over.
In a flashy presentation to advertisers Wednesday night, Google Executive Chairman Eric Schmidt declined to forecast that Internet video will displace television watching. Instead he declared: "That's already happened."
Schmidt says "the future is now" for YouTube, which recently passed the milestone of 1 billion unique visitors every month. But, he adds, if you think that's a large number, "wait until you get to 6 or 7 billion."
YouTube billed the event, which was part of a week of digital media "NewFronts," as a "brandcast." YouTube presented itself as a new video entity unlike TV, one with global reach, community engagement and more 18- to 34-year-olds than any cable network.
Copyright 2014 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Viewers with disabilities can get assistance accessing this station's FCC Public Inspection File by contacting the station with the information listed below. Questions or concerns relating to the accessibility of the FCC's online public file system should be directed to the FCC at 888-225-5322, 888-835-5322 (TTY), or email@example.com.