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YouTube

YouTube

YouTube is a video-sharing service owned by Google founded in 2005 by Steve Chen, Jawed Karim, and Chad Hurley. its cool

YouTube is an American online video-sharing platform headquartered in San Bruno, California. Three former PayPal employees-Chad Hurley, Steve Chen, and Jawed Karim--created the service in February 2005. Google bought the site in November 2006 for US$1.65 billion, and YouTube operates as a subsidiary of Google. my favourite

Platform

YouTube allows users to upload and view videos. They also allow users to rate, share, add to playlists, report and comment on videos, and subscribe to other users and video creators, or channels. Through YouTube, users can access a wide variety of user-generated and corporate media videos. Available content includes video clips, TV show clips, music videos, short and documentary films, audio recordings, movie trailers, live streams, and other content such as video blogging, short original videos, 3D videos, 360-degree videos, YouTube Reels, and educational videos. fine thing

YouTube announced in January 2015 that their default playback method would be HMTL5 on supported browsers. Previous to this change, YouTube used Adobe Dynamic Streaming for Flash. Still, the transition to HTML5 streamed video using Dynamic Adaptive Streaming over HTTP for an adaptive bit-rate HTTP-based streaming for optimized bit-rate and quality based on the viewer's network.

As of May 2019, more than 500 hours of video were uploaded to YouTube every minute. That's around 30,000 hours of content per hour. The number of video content hours uploaded every 60 seconds grew approximately 40 percent between 2014 and 2019. YouTube has reported two billion logged-in viewers every month. More than 1 billion hours of video watched every day; this accounted for around 21 percent of global video streaming traffic in October 2018, behind Netflix, which accounted for 26.6 percent.

Revenue

YouTube and creators earn advertising revenue from Google AdSense, a program that targets ads according to site content and audience. YouTube uses its Partner Program for monetization of a user's channel. To be eligible for the program, users require channel owners to have 4,000 watched hours of video over 12 months and at least 1,000 subscribers. Through the Partner Program, affiliated users receive ad revenue from the display, overlay, and video ads. They can receive income from super chats and super stickers and can have channel memberships requiring recurring monthly payments for perks. Affiliates can have a merchandise shelf where viewers can browse and buy merchandise on a channel's watch page. Lastly, affiliates of the Partner Program receive a part of YouTube Premium subscription fees.

The majority of YouTube videos are free to view except subscription-based premium channels, film rentals, YouTube Music, and YouTube Premium. The latter two are subscription services offering ad-free music streaming and ad-free access to all content. Based on reported quarterly advertising revenue, YouTube was estimated to have US$15 billion in annual revenue in 2019.

Mission Statement

YouTube states that their mission is to "give everyone a voice and show them the world."

This statement includes their values, which YouTube lists as

Timeline

July 20, 2021
YouTube announces its latest feature, Super Thanks.
March 10, 2021
YouTube announces it will start deducting taxes from non-US creators starting June, 2021.
February 25, 2021
YouTube announces 'supervised' mode for parent-controlled viewing, a set of features that will give parents more control over what content their kids watch on the streaming platform.
February 18, 2021
YouTube TV offers, HBO Max, Showtime, and Starz for $5 less in new entertainment bundle.
January 13, 2021
YouTube launches a dedicated page for videos that use hashtags
December 3, 2020
YouTube announces that it's launching a new feature that will push commenters to reconsider their hateful and offensive remarks before posting.

June 18, 2020
YouTube announces a new shoppable ad format.
May 29, 2020
YouTube makes video chapters official based on creator's submitted timestamps
March 19, 2020
YouTube launches dedicated COVID-19 home page section.
September 19, 2019
YouTube announces sweeping changes to its verification system.

Funding Rounds

Products

Acquisitions

Invested in

Patents

Further Resources

Title
Author
Link
Type
Date

Google I/O 2013 - Adaptive Streaming for You and YouTube

Web

May 18, 2013

YouTube Community Guidelines & Policies - How YouTube Works

Web

News

Title
Author
Date
Publisher
Description
November 10, 2021
AP NEWS
LONDON (AP) -- Britain's Prince Harry said he warned the chief executive of Twitter ahead of the Jan. 6 Capitol riots that the social media site was being used to stage political unrest in the U.S. capital.
By The Associated Press
November 2, 2021
AP NEWS
By The Associated Press
October 26, 2021
AP NEWS
A continued rebound in digital ad spending at Google drove its parent company's profit up 68% in the third quarter. Mountain View, California-based Alphabet Inc. said Tuesday that it earned $18.94 billion, or $27.99 per share, in the July-September period.
By JAN M. OLSEN
October 13, 2021
AP NEWS
COPENHAGEN, Denmark (AP) -- Participants at a Holocaust remembrance conference in Sweden blamed social media Wednesday for contributing to a global rise in antisemitism, while YouTube and Facebook officials pledged to be part of the solution.
BBC News
October 8, 2021
BBC News
The company says it will prohibit monetizing content which contradicts the science on climate change.
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References

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