Martin Beck says, “Online video is so hot right now, but YouTube, the grandfather of the industry, isn’t worried about being pushed aside.

In fact, Robert Kyncl, YouTube’s head of content, said the competition from Facebook and Twitter — “in the last 12 months every platform has decided that they want to add video” — is actually helpful to YouTube.

“I think you are seeing tremendous validation of the market,” Kyncl said during an on-stage interview Wednesday at the Code/Media conference at the Ritz-Carlton in Laguna Niguel, Calif., “and we are just happy to be part of it.”

Kyncl said there’s room for many large players in what he believes to be a $200-$400 billion market and said YouTube is thriving, with year over year growth in video views at 50% for the last three years”.

YouTube Says Growth Is Still Strong Despite Push From Facebook

Marketing Land

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