Video is now firmly kicking search’s ass… well, not yet in revenues (where it actually matters), but in terms of engagement:

According to comScore, in May, in the US, people streamed 12B videos, but conducted just over 10B search queries.

eMarketer says online video advertising revenue will come in at $1.35B in 2008… but the odd thing is that YouTube - despite having a commanding market share lead in streams generated - does less than $50M in actual video ads, with the bulk of that $200M yearly revenue coming from display banner ads.

So who generates video advertising revenues? By our estimates, it’s mainly traditional media and the portals. For more on that, click here.

• Digg this Blog
• Share on Facebook
• WatchMojo on Twitter
• WatchMojo on YouTube
• Add to Favorites
• WatchMojo Newsletter