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First Posted: 5/2/2013 (AP) YouTube vs. TV? YouTube says the battle if there ever was one is over.
In a flashy presentation to advertisers Wednesday night, Google Executive Chairman Eric Schmidt declined to forecast that Internet video will displace television watching. Instead he declared: "That's already happened."
Schmidt says "the future is now" for YouTube, which recently passed the milestone of 1 billion unique visitors every month. But, he adds, if you think that's a large number, "wait until you get to 6 or 7 billion."
YouTube billed the event, which was part of a week of digital media "NewFronts," as a "brandcast." YouTube presented itself as a new video entity unlike TV, one with global reach, community engagement and more 18- to 34-year-olds than any cable network.
<a title="Associated Press" href="http://www.ap.org" class="url org fn">Associated Press</a>

YouTube says the battle with TV is already over