Summary of my paper

I wrote my reasearch paper about video streaming web sites such us Youtube.com, Hulu.com, Netflix.com and their influences on our everyday life. I researched this topic by reading different kinds of articles about emerging video websites. I was surprised how much information is available out there. It would take a huge amount of time to sort through all of the material. But I was lucky to find couple very interesting scholar paper about this subject. I also watched a very interesting Youtube videos of anthropology professor from Kansas University who spoke about the YouTube phenomenon and what benefits it brings to the society. I also looked into a book that I have previously purchase (but never had a chance to read until now:-) about YouTube. I read some articles on internet about video streaming websites and that gave me pretty good overview on what it is and how really video streaming websites work. I think writing this paper made me realize how young the YouTube and other video streaming websites are. For example YouTube was lounched in December 2005, and only couple months later was worth 1.65 billions of dollars.It is definitively very fast growing industry. I was really shocked when I read the statistics saying that in Sept. 2009 users spent almost 1.2 billion hours videos on YouTube!!!. I believe this is a very interesting topic to write about. We are basically witnessing the beginning of new YouTube era, where the users like you and me are the creators of the content.