Hit Song Despacito Becomes Most Viewed Video on YouTube

Hit Song Despacito Becomes Most Viewed Video on YouTube

The video has been watched more than three billions as of now, and will likely to pass that milestone in a matter of minutes.

It's hard to hold onto streaming records as online entertainment becomes ever more prevalent.

YouTube now has a new all time most-viewed video and it is none other than Luis Fonsi and Daddy Yankee's music video for the song "Despacito".

"Thank you YouTube for 'Despacito " s success", Daddy Yankee said in a video message to TIME.

More news: White Sox lose Moncada to injury, rally past Blue Jays

On Friday, "Despacito" beat out Wiz Khalifa and Charlie Puth's Fast and Furious anthem "See You Again" for the top spot with almost 3 billion views; at its current rate, it should reach that new milestone shortly. Earlier, See You Again defeated Psy's Gangnam Style to secure the numero uno spot.

Despacito became an worldwide smash hit this year, topping the Billboard Hot 100 chart. "Gangnam Style" took the lead for most-watched video back in 2012 when the record was only 808 million views.

"I recognize the influence that [YouTube] has", Daddy Yankee told Billboard Friday.

"Wow", Puerto Rican rapper Daddy Yankee, who is featured on "Despacito", said to his almost 17 million followers on Instagram. The music industry has changed.

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