User:Jacklunch209/History of YouTube

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I believe that the article goes way to in depth on the dates of when YouTube became available in certain countries around the world, it was so much information that was not needed to get the idea of the page. Instead I feel that I can add a page about all the technologies that came before YouTube which eventually lead to it's creation. Also, I think there isn't enough information about how YouTube has evolved over the years, it shows how the company itself grew but not it's lasting effects on the world, how it is a way to make a living now, and how people have been able to kickstart insurmountable amounts of fame. This article relates to our class because YouTube is so heavily connected with our lives, from how we entertain ourselves to how we learn, Youtube is a technology that has changed the shape of human history, and it's history can reveal some things about our social structure.

Original text:

The domain name "YouTube.com" was activated on February 14, 2005 with video upload options being integrated on April 23, 2005. The first YouTube video, titled Me at the zoo, was uploaded on April 23, 2005, and shows co-founder Jawed Karim at the San Diego Zoo.

YouTube began as an angel-funded enterprise working from a makeshift office in a garage. In November 2005, venture firm Sequoia Capital invested an initial $3.5 million, and Roelof Botha (a partner of the firm and former CFO of PayPal) joined the YouTube board of directors. In April 2006, Sequoia and Artis Capital Management invested an additional $8 million in the company, which had experienced significant growth in its first few months.

Growth (2006)[edit]

During the summer of 2006, YouTube was one of the fastest growing sites on the World Wide Web, hosting more than 65,000 new video uploads. The site delivered an average of 100 million video views per day in July. It was ranked the fifth-most-popular website on Alexa, far out-pacing even MySpace's rate of growth. The website averaged nearly 20 million visitors per month according to Nielsen/NetRatings, with around 44% female and 56% male visitors. The 12- to 17-year-old age group was dominant. YouTube's pre-eminence in the online market was substantial. According to the website Hitwise.com, YouTube commanded up to 64% of the UK online video market.

YouTube entered into a marketing and advertising partnership with NBC in June 2006.

Purchase by Google (2006)

On October 9, 2006, it was announced that the company would be purchased by Google for US$1.65 billion in stock, which was completed on November 13. At that time it was Google's second-largest acquisition. The agreement between Google and YouTube came after YouTube presented three agreements with media companies in an attempt to avoid copyright-infringement lawsuits. YouTube planned to continue operating independently, with its co-founders and 68 employees working within Google.

Google's February 7, 2007 SEC filing revealed the breakdown of profits for YouTube's investors after the sale to Google. In 2010, Chad Hurley's profit was more than $395 million while Steve Chen's profit was more than $326 million.

Edits:

The domain name "YouTube.com" was activated on February 14, 2005 with video upload options being integrated on April 23, 2005 after being named "Tune In, Hook Up" the original idea of Chad Hurley, Steve Chen, and Jawed Karim. The concept was a online dating service that ultimately failed but had an exceptional video and uploading platform. After the infamous Janet Jackson/ Justin Timberlake Super Bowl halftime show the three creators realized they couldn't find any videos of it on the internet, after noticing that this type of platform did not exist they made the changes to become the first video sharing platform. The idea of the new company was for non-computer experts to be able and use a simple interface that allowed the user to publish, upload and view streaming videos through standard web browsers and modern internet speeds. Ultimately, creating an easy to use video streaming platform that wouldn't stress out the new internet users of the early 2000's. The first YouTube video, titled Me at the zoo, was uploaded on April 23, 2005, and shows co-founder Jawed Karim at the San Diego Zoo and currently has over 85 million views and 2.7 million likes. Hurley was behind more of the looks of the website, he used his art skills to create the logo and designed the look of the website. Chen made sure they page actually worked and that there would be no issues with the uploading and playback process. Karim was a programmer and helped in making sure the initial website got put together properly and helped in both design and programming. YouTube began as an angel-funded enterprise working from a makeshift office in a garage. In November 2005, venture firm Sequoia Capital invested an initial $3.5 million, and Roelof Botha (a partner of the firm and former CFO of PayPal) joined the YouTube board of directors. In April 2006, Sequoia and Artis Capital Management invested an additional $8 million in the company, which had experienced significant growth in its first few months.

YouTube co-creator Jawed Karim in the first video ever published to the site "Me at the zoo"

Growth:

After opening on a beta service in May of 2005 YouTube.com was trafficking around 30,000 viewers a day in just months of time. After launching six months later they would be drawing well over two million viewers a day. By March of 2006 the site had more than 25 million videos uploaded and was generating around 20,000 uploads a day. During the summer of 2006, YouTube was one of the fastest growing sites on the World Wide Web, the site delivered an average of 100 million video views per day in July. However, this did not come without any problems, the rapid growth in users meant YouTube had to keep up with it technologically speaking, they needed new equipment to match the insane numbers they were bringing in and they needed more broadband connection to the internet. The increasing copyright infringement problems and lack in commercializing YouTube eventually led to outsourcing to Google who recently had just failed in their own video platform.

It was ranked the fifth-most-popular website on Alexa, far out-pacing even MySpace's rate of growth. The website averaged nearly 20 million visitors per month according to Nielsen/NetRatings, with around 44% female and 56% male visitors. The 12- to 17-year-old age group was dominant. YouTube's pre-eminence in the online market was substantial. According to the website Hitwise.com, YouTube commanded up to 64% of the UK online video market.

YouTube entered into a marketing and advertising partnership with NBC in June 2006.

Purchase by Google (2006)

On October 9, 2006, it was announced that the company would be purchased by Google for US$1.65 billion in stock, which was completed on November 13. This kickstarted YouTube's rise to becoming a global media dominator, creating a multi-billion dollar business that has surpassed most television stations and other media markets, sparking success for so many different YouTubers and content creators. At that time it was Google's second-largest acquisition. The agreement between Google and YouTube came after YouTube presented three agreements with media companies in an attempt to avoid copyright-infringement lawsuits. YouTube planned to continue operating independently, with its co-founders and 68 employees working within Google. Viral videos were the main factor for YouTube's growth in the beginning of it's early days with Google, for example Evolution of Dance, Charlie Bit My Finger, David After the Dentist and so many more.

Google's February 7, 2007 SEC filing revealed the breakdown of profits for YouTube's investors after the sale to Google. In 2010, Chad Hurley's profit was more than $395 million while Steve Chen's profit was more than $326 million.

Creators

The creation of YouTube has allowed for a brand new job archetype to emerge from the media platform, being a YouTuber. The role has evolved from its early days and has become something totally different than it originally was. In the beginnings of YouTube, the creators did not do everything for the money, because generally there was none, today wealth is directly associated with the title. Before everything on YouTube was overrun with ads, monetization and loud teenagers the content creators did it for the publicity and love of creating videos. In the early days of the video platform popularity and payment was determined by the amount of subscribers a channel had, today things are judged by the average views a video gets and that determines the amount of money a person can make. The earliest pioneers of YouTube, many of whom have now fizzled out, were Ray William Johnson, FRED, Smosh, NigaHiga, Mail Order Comedy, BroadCity and too many more to list. YouTube today is run by the Jake and Logan Paul's and their teams of "content creators", PewDiePie and his 104 million subscribers, and Mr. Beast who's content is primarily handing out loads of money for people to win in challenges while he records it, but YouTube popularity changes constantly. Almost 3,000 YouTube channels today have a million subscribers, nearly 25,000 have more 100,000 subscribers, and on average four channels get to a million subscribers every single day. YouTube is no longer a simple website for the average internet user, it is now a necessary item for people to maintain their daily dose information, and is even a means of starting a prosperous career.