A simple meal with friends 20 years ago sparked one of the twenty-first century’s most significant technology breakthroughs. YouTube, a video-hosting platform founded by three former PayPal employees, was poised to transform the worldwide entertainment sector. Today, it even poses a danger to traditional television titans, establishing itself as a must-see in the entertainment industry. streaming. How has this platform amassed billions of users? A look back on its remarkable rise.
YouTube was founded in 2005 by Steve Chen, Chad Hurley, and Jawed Karim, who intended to make it easier to share videos online. On February 14, 2005, the website youtube.com was launched. A few weeks later, on April 23, 2005, Jawed Karim uploaded his first video, Me at the Zoo. This 19-second video, in which he stands in front of elephants at the San Diego Zoo, came to represent the era of user-generated content.
Google bought YouTube for $1.65 billion in October 2006, less than a year after its start. This acquisition constituted a watershed moment: YouTube now had access to Google’s superior search engines and advertising solutions, which helped it grow its audience and monetise its content. YouTube now has over 2.5 billion monthly active users and 100 million premium subs
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