Can you remember the first YouTube video you ever watched? I know that I can’t! If you can, leave us a comment letting us know where you were, who you were with, and what the video was!
Since it’s launch in 2005, YouTube has become one of the most popular websites in the world and by far the most popular video sharing website there is. The following statistics show just how popular YouTube is throughout the world:
- More than 1 billion unique users visit YouTube each month
- Over 6 billion hours of video are watched each month on YouTube-that’s almost an hour for every person on Earth!
- 100 hours of video are uploaded to YouTube every minute
- YouTube reaches more U.S. adults ages 18-34 than any cable network
YouTube was created by three former PayPal employees in February of 2003 and was designed as a way for people to share their videos with the world. The first video was uploaded on April 23, 2005 and shows one of YouTube’s co-founders Jawed Karim at the San Diego Zoo.
Throughout 2005 and 2006, YouTube experienced incredible growth and quickly became one of the fastest growing websites on the internet. In June, 2006 YouTube entered into a marketing and advertising partnership with NBC. Later that year, Google acquired YouTube for $1.65 billion in stock.
Throughout 2007, under Google’s ownership, YouTube continued to experience remarkable growth. By the end of 2007, YouTube consumed as much bandwidth as the entire internet did in 2000!
In 2008, YouTube reached an agreement with Lions Gate Entertainment, MGM, and CBS allowing them to post full-length TV episodes and movies.
In 2010, YouTube launched an online film rental service (this is currently only available in the U.S., Canada, and the U.K.).
In 2011, YouTube was fully integrated with Google + and Google Chrome, allowing videos to be viewed from within the Google + Interface.
YouTube is currently the second largest search engine in the world, behind only Google (its owner).
On December 21, 2012 “Gangam Style” became the first video to surpass 1 billion views.
Not only has YouTube become one of the largest websites in the world, it has changed the live’s of thousands of people. Ever heard of Justin Beiber? I thought so. In 2008, talent manager Scooter Braun came across Beiber’s videos on YouTube and arraigned a meeting between him and Usher-the rest is history.
This is just one example of the thousands of musicians, actors, and artists that have been discovered through YouTube.
YouTube has also changed the way we do business. Companies throughout the world are spending lots of money creating and uploading videos, tracking viewing numbers, and are seeing substantial benefits from it.
With the way the internet works, we can be confident that YouTube will continue to grow and change as the years go by. What do you think YouTube will look like in 8 more years? Leave us a comment and let us know what you think!