History Of Youtube

 

-History Of Youtube-



YouTube is an American online video-sharing platform headquartered in San Bruno, California, founded by three former PayPal employees—Chad Hurley, Steve Chen, and Jawed Karim– in February 2005. Google bought the site in November 2006 for US$1.65 billion, since which it operates as one of Google's subsidiaries.





YouTube allows users to upload videos, view them, rate them with likes and dislikes, share them, add videos to playlists, report, make comments on videos, and subscribe to other users. The slogan "Broadcast Yourself" used for several years and the reference to user profiles as "Channels" signifies the premise upon which the platform is based, of allowing anyone to operate a personal broadcasting station in resemblance to television with the extension of video on demand.



In 2005 the American search engine company Google Inc. had launched a video service, Google Video, but it failed to generate much traffic, and Google was prompted to purchase YouTube for $1.65 billion in stock in November 2006. Rather than merging the Web sites, however, Google continued YouTube’s operation as before.

To reduce the risk of copyright-infringement lawsuits, Google negotiated deals with a number of entertainment companies that would allow copyrighted video material to appear on YouTube and would give YouTube users the right to include certain copyrighted songs in their videos. It also agreed to remove tens of thousands of copyrighted video files from YouTube.

 In November 2008 Google reached an agreement with 
Metro-Goldwyn-Mayer, Inc. (MGM), to show some of the studio’s full-length movies and television shows, the broadcasts being free to watch, with advertisements running alongside the programs.





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