--- title: "Meaning & Key Takeaway of: The online video business started in both…" description: "\"The online video business started in both China and the US around 2005/6, when broadband penetration grew big enough.\" — Victor Koo" image: "https://sms4smile.com/quotes/i/d34/victor-koo-20248_around_the-online-video-business-started-in-bot_2068392.jpg" --- # The online video business started in both China and the US… ![“The online video business started in both China and the US around 2005/6, when broadband penetration grew big enough.” quote by Victor Koo](https://sms4smile.com/quotes/i/d34/victor-koo-20248_around_the-online-video-business-started-in-bot_2068392.jpg) [Download](https://sms4smile.com/quotes/i/d34/victor-koo-20248_around_the-online-video-business-started-in-bot_2068392.jpg) [Open image](https://sms4smile.com/quotes/i/d34/victor-koo-20248_around_the-online-video-business-started-in-bot_2068392.jpg) > “The online video business started in both China and the US around 2005/6, when broadband penetration grew big enough.” [Victor Koo](https://sms4smile.com/quotes/author/victor-koo/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. The online video market emerged in China and the US around 2005‑2006 as broadband became widespread. **In simple terms:** Broadband enabled online video growth in China and the US. Key Takeaway Leverage broadband for video ventures. Themes technology media economics Mood analytical forward‑looking Type historical industry When to use this quote - startup planning - content creation - investment analysis Key Concepts digital distribution market entry Questions to Reflect On - How did broadband shape your media strategy? - What markets are ready for similar growth? A Different Perspective Rapid tech changes can outpace business models. ★ ★ ★ ★ ★ No ratings yet [Big enough](https://sms4smile.com/quotes/about/big-enough/) [Broadband](https://sms4smile.com/quotes/about/broadband/) [Business](https://sms4smile.com/quotes/about/business/) [China](https://sms4smile.com/quotes/about/china/) [Internet](https://sms4smile.com/quotes/about/internet/) [Video](https://sms4smile.com/quotes/about/video/) ## Related quotes > [I also wanted people to know that football actually started in China almost 3000 years ago.](https://sms4smile.com/quotes/john-woo/i-also-wanted-people-to-know-that-football-actually-started-in-china/) [John Woo](https://sms4smile.com/quotes/author/john-woo/) > [With the rapid growth of Internet users in China bringing online video into a new paradigm, the market scale we first envisioned as an…](https://sms4smile.com/quotes/victor-koo/with-the-rapid-growth-of-internet-users-in-china-bringing-online/) [Victor Koo](https://sms4smile.com/quotes/author/victor-koo/) > [The advertising market in China is big and is still growing at a considerable pace. While online video is emerging as a mainstream advertising…](https://sms4smile.com/quotes/victor-koo/the-advertising-market-in-china-is-big-and-is-still-growing-at-a/) [Victor Koo](https://sms4smile.com/quotes/author/victor-koo/) > [The combined entity Youku Tudou Inc. represents a dominant leader in online video sector in China with the largest user base, most comprehensive content…](https://sms4smile.com/quotes/victor-koo/the-combined-entity-youku-tudou-inc-represents-a-dominant-leader-in/) [Victor Koo](https://sms4smile.com/quotes/author/victor-koo/) > [That Will Never Work' is the untold story of Netflix. It's how a handful of people, with no experience in the video business, went…](https://sms4smile.com/quotes/marc-randolph/that-will-never-work-is-the-untold-story-of-netflix-it-s-how-a/) [Marc Randolph](https://sms4smile.com/quotes/author/marc-randolph/) > [It's not that I don't want to, it's just that there's no money in it. By that I mean the way the video business…](https://sms4smile.com/quotes/john-landis/it-s-not-that-i-don-t-want-to-it-s-just-that-there-s-no-money-in-it/) [John Landis](https://sms4smile.com/quotes/author/john-landis/) > [I'm rather old-fashioned about this video business. It's all relatively new. We really don't do videos, Fleetwood Mac. We've only done two.](https://sms4smile.com/quotes/christine-mcvie/i-m-rather-old-fashioned-about-this-video-business-it-s-all/) [Christine McVie](https://sms4smile.com/quotes/author/christine-mcvie/) > [People think about the world of TV and the world of online video as being different ways to distribute video. But what happens when…](https://sms4smile.com/quotes/chad-hurley/people-think-about-the-world-of-tv-and-the-world-of-online-video-as/) [Chad Hurley](https://sms4smile.com/quotes/author/chad-hurley/) > [The online video ecosystems thrives largely on ads.](https://sms4smile.com/quotes/hank-green/the-online-video-ecosystems-thrives-largely-on-ads/) [Hank Green](https://sms4smile.com/quotes/author/hank-green/) > [There was a time when I didn't find a single, interesting Hindi TV show to watch, and ended up binging on American TV. Now,…](https://sms4smile.com/quotes/anupriya-goenka/there-was-a-time-when-i-didn-t-find-a-single-interesting-hindi-tv/) [Anupriya Goenka](https://sms4smile.com/quotes/author/anupriya-goenka/) > [I think it's cool that people kind of look at me as one of the originators of online video and one of the pioneers…](https://sms4smile.com/quotes/shane-dawson/i-think-it-s-cool-that-people-kind-of-look-at-me-as-one-of-the/) [Shane Dawson](https://sms4smile.com/quotes/author/shane-dawson/) > [What I find most exciting about online video is that it's the future.](https://sms4smile.com/quotes/dana-brunetti/what-i-find-most-exciting-about-online-video-is-that-it-s-the-future/) [Dana Brunetti](https://sms4smile.com/quotes/author/dana-brunetti/) > [I'm a professional maker of online video and I love platform diversity of every kind.](https://sms4smile.com/quotes/hank-green/i-m-a-professional-maker-of-online-video-and-i-love-platform/) [Hank Green](https://sms4smile.com/quotes/author/hank-green/) > [The problem with educating in online video is that online video is funded by advertising almost exclusively.](https://sms4smile.com/quotes/hank-green/the-problem-with-educating-in-online-video-is-that-online-video-is/) [Hank Green](https://sms4smile.com/quotes/author/hank-green/) > [I am a professional creator of online video and I have had that job since the moment of its existence. I'm also something of…](https://sms4smile.com/quotes/hank-green/i-am-a-professional-creator-of-online-video-and-i-have-had-that-job/) [Hank Green](https://sms4smile.com/quotes/author/hank-green/) ## More by Victor Koo > [Getting direct consumer revenue through movies or games or other culture products is something that we are very suitable for.](https://sms4smile.com/quotes/victor-koo/getting-direct-consumer-revenue-through-movies-or-games-or-other/) [Victor Koo](https://sms4smile.com/quotes/author/victor-koo/) > [Youku Tudou is a hybrid, like combining Netflix and YouTube. Like Netflix, with Youku, which launched in 2005, we syndicate a library of longform…](https://sms4smile.com/quotes/victor-koo/youku-tudou-is-a-hybrid-like-combining-netflix-and-youtube-like/) [Victor Koo](https://sms4smile.com/quotes/author/victor-koo/) > [On top of opportunities in further traffic growth, there are increasing opportunities to fully realize the potential of the online video ecosystem, as China…](https://sms4smile.com/quotes/victor-koo/on-top-of-opportunities-in-further-traffic-growth-there-are/) [Victor Koo](https://sms4smile.com/quotes/author/victor-koo/) > [The advertising market in China is big and is still growing at a considerable pace. While online video is emerging as a mainstream advertising…](https://sms4smile.com/quotes/victor-koo/the-advertising-market-in-china-is-big-and-is-still-growing-at-a/) [Victor Koo](https://sms4smile.com/quotes/author/victor-koo/) > [I do wish to emphasize that in light of the Alibaba deal, Youku Tudou management will remain independent, and we will continue to be…](https://sms4smile.com/quotes/victor-koo/i-do-wish-to-emphasize-that-in-light-of-the-alibaba-deal-youku-tudou/) [Victor Koo](https://sms4smile.com/quotes/author/victor-koo/) > [Youku Tudou kicked off 2014 in a positive direction. Mobile has become the number one screen for Youku Tudou, and we are the undisputed…](https://sms4smile.com/quotes/victor-koo/youku-tudou-kicked-off-2014-in-a-positive-direction-mobile-has-become/) [Victor Koo](https://sms4smile.com/quotes/author/victor-koo/) > [Since our inception, Youku Tudou as the leader in the multi-screen video space has helped transform how video and entertainment-related content is distributed and…](https://sms4smile.com/quotes/victor-koo/since-our-inception-youku-tudou-as-the-leader-in-the-multi-screen/) [Victor Koo](https://sms4smile.com/quotes/author/victor-koo/) > [On the monetization front, our strengthening leadership in internet user base and broadening reach of our platform have already positioned us as a must-buy…](https://sms4smile.com/quotes/victor-koo/on-the-monetization-front-our-strengthening-leadership-in-internet/) [Victor Koo](https://sms4smile.com/quotes/author/victor-koo/) > [Our management team strongly believes that the key opportunity of our business does not only come from just the increase in terms of number…](https://sms4smile.com/quotes/victor-koo/our-management-team-strongly-believes-that-the-key-opportunity-of-our/) [Victor Koo](https://sms4smile.com/quotes/author/victor-koo/) > [Remember, when YouTube was founded in the U.S., America's Funniest Home Videos had been around for a long time. In China, the history of…](https://sms4smile.com/quotes/victor-koo/remember-when-youtube-was-founded-in-the-u-s-america-s-funniest-home/) [Victor Koo](https://sms4smile.com/quotes/author/victor-koo/) > [Broadening and deepening the relationship with our users and advertisers have always been our strategic priority.](https://sms4smile.com/quotes/victor-koo/broadening-and-deepening-the-relationship-with-our-users-and/) [Victor Koo](https://sms4smile.com/quotes/author/victor-koo/) > [If I hadn't gone to Stanford, I'd be working at P&G now.](https://sms4smile.com/quotes/victor-koo/if-i-hadn-t-gone-to-stanford-i-d-be-working-at-p-g-now/) [Victor Koo](https://sms4smile.com/quotes/author/victor-koo/) > [If you don't like what you do, you're probably dragging your feet.](https://sms4smile.com/quotes/victor-koo/if-you-don-t-like-what-you-do-you-re-probably-dragging-your-feet/) [Victor Koo](https://sms4smile.com/quotes/author/victor-koo/) > ['YouKu' means what's best and what's cool in Chinese. So, the whole product philosophy really revolves around how to help users, from a massive…](https://sms4smile.com/quotes/victor-koo/youku-means-what-s-best-and-what-s-cool-in-chinese-so-the-whole/) [Victor Koo](https://sms4smile.com/quotes/author/victor-koo/) > [The combined entity Youku Tudou Inc. represents a dominant leader in online video sector in China with the largest user base, most comprehensive content…](https://sms4smile.com/quotes/victor-koo/the-combined-entity-youku-tudou-inc-represents-a-dominant-leader-in/) [Victor Koo](https://sms4smile.com/quotes/author/victor-koo/) [Explore all 31 Victor Koo quotes ](https://sms4smile.com/quotes/author/victor-koo/) ## More Around quotes > [I actually think acting is a form of self-hypnosis. You have to be hyper, hyper aware of what's going on around you. 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