What was youtube originally created for

The company has also recently added the "two-ads" feature, which shows two ads at once, to beef up potential revenue from the content. But this is not the only revenue source for the platform. This service offers users exclusive benefits, like removing ads, and charges subscribers a regular subscription fee. As of , Alphabet no longer breaks down revenue by platform, so it is unclear exactly how much money YouTube brings in. But revenue is rarely without overheads.

The bulk of this cost is from providing sufficient network bandwidth for its millions of users, as well as a host of other costs related to running such a large company. The bulk of this was reaped from Google's main search business, YouTube ad revenue, and income from its Google Cloud service.

As you can see, YouTube has come a long way since its inception back in As social media begins to see losses from companies pulling their ad campaigns in response to hate content, as well as actions such as the indiscriminate demonetization of some channels, and the banning of certain controversial content creators for promoting hate speech, as well as the rise of Chinese live-streaming platforms, YouTube's future is anyone's guess.

However, given YouTube's size, dominance, and market penetration, it is unlikely to fade away any time soon. But only time will tell. By subscribing, you agree to our Terms of Use and Privacy Policy. You may unsubscribe at any time. By Christopher McFadden. What was the original purpose of YouTube? Follow Us on. Sponsored Stories.

If you continue to use this site, you consent to our use of cookies. Stay on top of the latest engineering news. Those events changed everything. Click To Tweet. Within a month, the site was welcoming over 30, viewers a day. Within six months, there were over 2 million users on the website every day. Before the end of its first year, YouTube was receiving 25 million views and seeing 20, uploads every day. Balenciaga celebrated the return to fashion events with an entertaining cartoon representation and a live show that disrupts the norm.

A day-trading hamster on Twitch is making more profits on his cryptocurrency trades than some professional traders and big funds.

The Unicode Consortium has finalized drafts for its latest Standard version, adding characters - among them, 37 new emoji. If you are looking for a fun, easy-going, and funny costume for Halloween, why not become a true Among Us …. H M S In the news. Paige Leskin. YouTube has more than 2 billion monthly users visiting the video-sharing platform for their favorite vlogs, music videos, sports highlights, and more. It's been 15 years since YouTube's website launched to the public in May YouTube was founded earlier that year by three early PayPal employees.

Since then, it's become the most popular free video-sharing platform in the world. Take a look at the history of YouTube, from its start as a failed video-dating website to a powerhouse platform that's launched a new generation of money-making YouTubers and influencers. Visit Business Insider's homepage for more stories. Late Three early employees of e-payment startup PayPal — Chad Hurley, Steve Chen, and Jawed Karim — start working on an idea for a website for users to upload video-dating profiles.

They work out of Hurley's garage in Menlo Park, California. The website launches to a small subset of users. Instead, users start uploading videos of all kinds to YouTube. April Based on the feedback, the cofounders transformed YouTube into a free video-hosting platform where each clip has a unique link.

However, the story of how the cofounders got to this point is a much contested one. April While YouTube is still in private beta, first video ever is uploaded to the website. The video, called "Me at the Zoo," is only 18 seconds long. It shows Karim, one of the cofounders, standing in front of elephants at the San Diego zoo and talking about their trunks. May YouTube launches its beta version to the public for the first time.

As you can see, the design has changed quite a bit since then — the latest redesign to YouTube's homepage was in November Sequoia partner Roelof Botha worked at PayPal with the cofounders, and learned about YouTube after using it to upload old wedding and honeymoon videos. October YouTube sees a video hit 1 million views for the first time. The video is a viral Nike ad showing Brazilian soccer player Ronaldinho receiving his pair of "Golden Boots," and it demonstrates the power of YouTube's role in marketing and virality.

December YouTube officially launches out of beta, and is made available to the public. At this point, YouTube is getting 8 million views a day. NBC's complaint paves the way for YouTube's "Content Verification Program," which launched in October to help content creators easily identify videos that infringe on their copyrights and get them removed. Susan Wojcicki — YouTube's current CEO, who was in charge of Google's acquisitions at the time — credits this video with convincing her that it would be worth it for Google to invest in user-generated content by purchasing YouTube.

When YouTube is acquired months later, these firms' investments pay out massively. The move helps the traditional media company enter the new digital age, and marks the beginning of YouTube's several key partnerships with content providers later down the road.

May A baby named Charlie takes the world by storm. The second home video of the toddler biting his brother's finger — and then smiling — is one of the earliest YouTube videos to go viral. July YouTube teams up with CNN to host a presidential debate during the election cycle, featuring video questions submitted by the public. Seven out of the 16 presidential candidates in announced their campaigns via YouTube. August Google rolls out its first ads on YouTube videos.

Instead of an option for traditional pre-video ads, the company chooses a new in-video format featuring semi-transparent banners that pop up on the lower portion of videos, and can be clicked away after several seconds. December YouTube rolls out its "Partner Program" to select creators, allowing them to earn money from their content based on ad revenue. It allows YouTubers to turn their hobby into a career: Not even a year later, the most successful creators were earning six-figure incomes.

YouTube was created on the 14 th February, when the domain name www. The three were former employees of the American e-commerce company PayPal. YouTube is an online video-sharing service platform. The website or platform allows users to upload, share and view content. The domain name www. YouTube platform was created by three PayPal employees as a video-sharing website where users could upload, share and view content.

YouTube was sold one year after its creation, for 1. It is hard to believe it has been so long since the first video was uploaded. The trio started working on an idea for a website for users to upload video-dating profiles. Now with over 23 million channels, 5 billion videos are watched per day.

This has become quite the resource for anyone trying to learn anything or looking for entertainment. It has over 2 billion monthly users who watch hundreds of hundreds of millions of hours of content every single day. The company rose like a rocket ship after its founding in , and was bought by Google 18 months later. Under Google, YouTube went from being a repository of amateur video to a powerhouse of original content, not to mention a launching pad for its own new brand of superstars.

At Paypal, he primarily focused on the user experience UX of their interface. Steven Shih Chen was born in in Taipei, Taiwan. His family emigrated to the U. Steve left the Illinois Mathematics and Science Academy prior to graduating. He later attended the University of Illinois at Urbana-Champaign, where he graduated in with a degree in computer science. He would later join Paypal. Jawed would later study computer science at the University of Illinois Urbana-Champaign, but left prior to graduating.

After dropping out, Jawed would become an early employee of the fledgling Paypal. YouTube was originally created as a platform for anyone to post any video content they desired.

It was hoped that users could use the site to upload, share, and view content without restriction. It has since grown to become one of the foremost video distribution sites in the world. Today, many content creators make a decent living by selling ad space before or on videos they create and upload onto the site.

The platform, like so many others in Silicon Valley, began as an angel-funded enterprise with makeshift offices in a garage. According to its founders, the idea was born at a dinner party in San Fransisco, about a year earlier, in The trio was frustrated by how hard it was, at the time, to find and share video clips online.