You Tube is a video sharing website. Launched in May 2005, YouTube allows billions of people to discover , as well as to watch and share originally created videos. It also provides a platform for people to connect, inform and inspire others across the globe.
YouTube was founded by Chad Hurley, Steve Chen, Jawad Karim, who were all early employees of PayPal. The very first YouTube video was uploaded on 23 April 2005 by founder Jawad Karim titled ‘Me at the zoo’. (122M views, 4.8M likes) https://youtu.be/jNQXAC9IVRw
During the summer of 2006, You Tube was one of the fastest growing sites on the Web. The Website averaged nearly 20 million visitors per month. Alexa ranked You Tube the third most visited site after Google and Facebook.
On 9 October 2006, it was announced that the company would be purchased by Google with an agreement to media companies in an attempt to avoid copyright infringement lawsuits. (For US$ 1.65billion). In the same year YouTube entered into marketing and advertising partnership with NCB-Universal.
In 2007, the You Tube Awards are awards given out in recognition of the best YouTube videos of the preceding year as voted by You Tube community.
YouTube relaunched it’s design and layout on December 4, 2012. Gangnam Style became first You Tube video to supress one billion views. https://youtu.be/9bZkp7q19f0 (3.8billion views)
YouTube statistics claim that more than 400 hours of video was uploaded to the site per minute. At over one billion users, You Tube has over third of the entire population of the Internet hooked on to it!