YouTube[3] is a global online video-sharing platform founded by Steve Chen, Chad Hurley, and Jawed Karim. The platform allows users to upload, view, share, and comment on a wide variety of video content. Since its creation, YouTube has grown exponentially, setting significant milestones like reaching over a million daily videos watched and 48 hours of new videos uploaded per minute. Its business model revolves around generating revenue from advertisements and paid content, including a subscription-based service called YouTube Premium for ad-free viewing. The platform also offers a range of video categories, impacting popular culture, internet[4] trends, and creating celebrities. However, it has faced criticism for issues like misinformation and copyright[2] violations. Technologically, YouTube supports various video codecs and resolutions, and it introduces features for improved user experience[1]. The platform is localized in over 100 countries, offering features for areas with slow internet connectivity.
YouTube is an American online video sharing and social media platform owned by Google. Accessible worldwide, it was launched on February 14, 2005, by Steve Chen, Chad Hurley, and Jawed Karim, three former employees of PayPal. Headquartered in San Bruno, California, United States, it is the second most visited website in the world, after Google Search. YouTube has more than 2.5 billion monthly users, who collectively watch more than one billion hours of videos every day. As of May 2019[update], videos were being uploaded to the platform at a rate of more than 500 hours of content per minute, and as of 2021, there were approximately 14 billion videos in total.
Type of business | Subsidiary |
---|---|
Type of site | Online video platform |
Founded | February 14, 2005 |
Headquarters | 901 Cherry Avenue San Bruno, California, United States |
Area served | Worldwide (excluding blocked countries) |
Owner | Alphabet Inc. |
Founder(s) | |
Key people |
|
Industry | |
Products | |
Revenue | US$31.5 billion (2023) |
Parent | Google LLC (2006-present) |
URL | youtube (see list of localized domain names) |
Advertising | Google AdSense |
Registration | Optional
|
Users | 2.7 billion MAU (January 2024) |
Launched | February 14, 2005 |
Current status | Active |
Content license | Uploader holds copyright (standard license); Creative Commons can be selected. |
Written in | Python (core/API), C (through CPython), C++, Java (through Guice platform), Go, JavaScript (UI) |
In October 2006, YouTube was purchased by Google for $1.65 billion (equivalent to $2.31 billion in 2023). Google expanded YouTube's business model of generating revenue from advertisements alone, to offering paid content such as movies and exclusive content produced by and for YouTube. It also offers YouTube Premium, a paid subscription option for watching content without ads. YouTube incorporated Google's AdSense program, generating more revenue for both YouTube and approved content creators. In 2022, YouTube's annual advertising revenue increased to $29.2 billion, more than $9 billion higher than in 2020.
Since its purchase by Google, YouTube has expanded beyond the core website into mobile apps, network television, and the ability to link with other platforms. Video categories on YouTube include music videos, video clips, news, short and feature films, songs, documentaries, movie and teaser trailers, live streams, vlogs, and more. Most content is generated by individuals, including collaborations between "YouTubers" and corporate sponsors. Established media, news, and entertainment corporations have also created and expanded their visibility to YouTube channels in order to reach greater audiences.
YouTube has had unprecedented social impact, influencing popular culture, internet trends, and creating multimillionaire celebrities. Despite its growth and success, the platform is sometimes criticized for allegedly facilitating the spread of misinformation, the sharing of copyrighted content, routinely violating its users' privacy, enabling censorship, endangering child safety and wellbeing, and for its inconsistent or incorrect implementation of platform guidelines.