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vishakha Jangir
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Set2Score • 1m
𝗛𝗼𝘄 𝗱𝗶𝗱 𝗬𝗼𝘂𝗧𝘂𝗯𝗲 𝗯𝗲𝗰𝗼𝗺𝗲 𝘁𝗵𝗲 𝗺𝗼𝘀𝘁 𝘃𝗶𝘀𝗶𝘁𝗲𝗱 𝗽𝗹𝗮𝘁𝗳𝗼𝗿𝗺? Founded on February 14, 2005, by Chad Hurley, Steve Chen, and Jawed Karim (former PayPal employees). Initial Idea was to create an easy-to-use video-sharing platform. First Video, "Me at the zoo," was uploaded by Jawed Karim on April 23, 2005. Faced Challenges such as high bandwidth costs, difficulty in monetization, and content moderation issues. By July 2006, YouTube had 100 million daily video views and 65,000 new uploads daily. Viral videos, like “Lazy Sunday” and “Evolution of Dance,” contributed to early growth. Google acquired YouTube in November 2006 for $1.65 billion in stock. YouTube Partner Program (2007) allowed content creators to earn revenue through ads. Enabled HD videos and mobile streaming between 2008 and 2010, boosting engagement. By 2010, YouTube users watched 2 billion videos per day. The content ID system was introduced in 2007 to tackle copyright issues. Reached 1 billion monthly active users in 2013. By 2022, YouTube had over 2.6 billion users worldwide. Generated over $40 billion in annual revenue by 2023. Paid over $30 billion to creators between 2020 and 2023. Expanded with YouTube Shorts, YouTube Music, and YouTube Premium to compete with TikTok and Netflix. Now the second-most visited website globally, after Google.
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