This is according to statistics present in this excellent blog post: 30 Mind Numbing YouTube Facts,Figures and Statistics

Other quite interesting statistics and facts about YouTube are

• 60 hours of video is uploaded on YouTube every minute
• YouTube was acquired by Google in 2006 for $ 1.65 billion
• 4 billion videos are watched on YouTube everyday
• YouTube is monetizing 3 billion videos every week
• As it happens in every sort of real-life scenario, 30% of videos account for 99% of views
• 500 years of YouTube videos are watched every day on Facebook
• There are more than 10,000 full-length movies available on YouTube

It’s astonishing how big the numbers become when it comes to the Internet. Here is the info graphic