Earlier in the year, I wrote that 2006 Will Be a Tipping Point for Online Media, and gave 10 reasons why.

In case that didn’t convince you, check out this graph of the unprecedented rise of YouTube:

This Alexa graph charts the reach of YouTube vs MySpace. YouTube has gone from nowhere to being one of the top sites on the Internet, and there’s no sign of its growth slowing anytime soon. Meanwhile, MySpace, the poster child for social networking sites, appears to have reached a plateau.
Expect a rush of video portal announcements, as companies decide that it’s time for the Internet video strategy.