The Economics of Viral Videos [Infographic]

An entire industry is building up around viral videos, as this infographic illustrates. Not only does YouTube connect video creators to Google AdSense for advertising revenue, the company has also built production studios in Los Angeles, Tokyo, and London to help the medium thrive. Content networks, public relations agencies, and analytics platforms are also popping up to predict, monitor, and promote success on YouTube and Vimeo. There are even awards shows like the Social Star Awards to honor the best the industry has to offer. Read statistics on how the web video industry has grown in the last few years in the infographic below.

Infographic courtesy of  Masters in Marketing Degrees.

Related Stories
Mediabistro Course

Instagram Marketing

Instagram MarketingStarting October 27, learn how to gain likes and followers on one of the most popular social media platforms! In this course, you'll learn how to develop an Instagram strategy that will make your profile stand out and gain new followers, tell a brand story through photos, and use your Instagram profile to drive your sales and business objectives. Register now!