Explosive Growth Forecast by In-Stat in Online Video Market, Netflix Subscription Model Wins

The worldwide online video market is experiencing dramatic growth, reports In-Stat. Worldwide online video revenue is expected to eclipse US$4.5 billion by 2012, up from $1.2 billion in 2008, the high-tech market research firm says. Purchased/rented videos are expected to offer the most robust growth for online video in the near term, in large part [...]