YouTube began as a venture capital–funded technology startup. Another version of this logo without the "Broadcast Yourself" slogan was used until 2011. The YouTube logo used from its launch until 2007 it returned in 2008 before being removed again in 2010. Difficulty in finding enough dating videos led to a change of plans, with the site's founders deciding to accept uploads of any video. They created posts on Craigslist asking attractive women to upload videos of themselves to YouTube in exchange for a $100 reward. Hurley and Chen said that the original idea for YouTube was a video version of an online dating service and had been influenced by the website Hot or Not. Karim could not easily find video clips of the incident and the 2004 Indian Ocean Tsunami online, which led to the idea of a video-sharing site. Karim said the inspiration for YouTube came from the Super Bowl XXXVIII halftime show controversy, when Janet Jackson's breast was briefly exposed by Justin Timberlake during the halftime show. Karim did not attend the party and denied that it had occurred, but Chen remarked that the idea that YouTube was founded after a dinner party "was probably very strengthened by marketing ideas around creating a story that was very digestible". Īccording to a story that has often been repeated in the media, Hurley and Chen developed the idea for YouTube during the early months of 2005, after they had experienced difficulty sharing videos that had been shot at a dinner party at Chen's apartment in San Francisco. Hurley had studied design at the Indiana University of Pennsylvania, and Chen and Karim studied computer science together at the University of Illinois Urbana-Champaign. The trio were early employees of PayPal, which left them enriched after the company was bought by eBay. YouTube was founded by Steve Chen, Chad Hurley, and Jawed Karim. Main article: History of YouTube Founding and initial growth (2005–2006) From left to right: Chad Hurley, Steve Chen, and Jawed Karim, the founders of YouTube. Despite its growth and success, it has been widely 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. YouTube has had unprecedented social impact, influencing popular culture, internet trends, and creating multimillionaire celebrities. Discovery have also created and expanded their corporate YouTube channels to advertise to a greater audience. Established media corporations such as Disney, Paramount, NBCUniversal, and Warner Bros. Most content is generated by individuals, including collaborations between YouTubers and corporate sponsors. Video categories on YouTube include music videos, video clips, news, short films, feature films, songs, documentaries, movie trailers, teasers, live streams, vlogs, and more. 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. YouTube reported revenue of $29.2 billion in 2022. In 2021, YouTube's annual advertising revenue increased to $28.8 billion, an increase in revenue of $9 billion from the previous year. YouTube also approved creators to participate in Google's AdSense program, which seeks to generate more revenue for both parties. It also offers YouTube Premium, a paid subscription option for watching content without ads. Google's ownership of YouTube expanded the site's business model, expanding from generating revenue from advertisements alone to offering paid content such as movies and exclusive content produced by YouTube. In October 2006, YouTube was bought by Google for $1.65 billion. As of May 2019, videos were being uploaded to the platform at a rate of more than 500 hours of content per minute. YouTube has more than 2.5 billion monthly users, who collectively watch more than one billion hours of videos every day. Headquartered in San Bruno, California, United States, it is the second most visited website in the world, after Google Search. Accessible worldwide, it was launched on February 14, 2005, by Steve Chen, Chad Hurley, and Jawed Karim, three former employees of PayPal. YouTube is an American online video sharing and social media platform owned by Google. Python (core/API), C (through CPython), C++, Java (through Guice platform), Go, JavaScript (UI) Uploader holds copyright (standard license) Creative Commons can be selected.
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