The Inquirer states that Google is working on an updated version of Google Video where users don't have a limit on upload size, opening the door for high-resolution video and the end of the pixelated online videos we are all so accustomed to. Google might be onto something. As of recently, YouTube's (Google's primary competitor) bandwidth costs for their enormous popularity and the viral qualities of the videos it hosts are roughly $1 million USD per month. I can guarantee you they don't make that money back in advertisements. YouTube seems to be sustaining itself merely on the 11 million dollars in funding it received from venture capitalists. If YouTube slacks a bit, Google will snatch up the top spot with this upcoming service.
Google to Improve Video Service
June 18, 2006
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