YouTube : A Part Of Social Media Part(1)

YouTube : A Part Of Social media

 Table of Contents

  • Introduction: YouTube as a Part of Social Media
  • What is YouTube? 
  • Video-Sharing Platform
  • User-Generated Content
  • Founding and Initial Growth (2005–2006)
  • Google’s Acquisition of YouTube (2006)
  • YouTube’s Business Model and Revenue Growth
  • Advertising Revenue
  • YouTube Premium & Paid Content
  • AdSense Integration
  • YouTube’s Global Reach and Popularity
  • User Statistics (2024)
  • Second Most Visited Website
  • Impact of YouTube on Society
  • Entertainment
  • Education & Tutorials
  • Creativity & User Engagement
  • Conclusion

  • Educational and Informative Use

YouTube is a globally popular American video-sharing platform owned by Google, where users can watch, upload, and share videos on a vast array of content, from entertainment and tutorials to educational material and user-generated creations. YouTube was founded on February 14, 2005, by Chad Hurley, Jawed Karim, and Steve Chen, who were former employees of Paypal. Headquartered in San Bruno, California, It is the second-most-visited website in the world, after Google search. In January 2024, YouTube had more than 2.7 billion monthly active users, who collectively watched more than one billion hours of videos every day.
  
On November 13, 2006, YouTube was purchased by Google for US$1.65 billion (equivalent to $2.39 billion in 2024). Google expand YouTube’s business model of generating revenue from advertisements alone, to offering paid content such as movies and exclusive content explicitly produced for YouTube premium, a paid subscription option for watching contents without ads. YouTube incorporated the Google AdSense program, generating more revenue for both YouTube and approved content creators. In 2023, YouTube’s advertising revenue totaled $31.7 billion, a 2% increase from the $31.1 billion reported in 2022. From Q4 2023 to Q2024, YouTube’s combined revenue from advertising and subscriptions exceeded $50 billion.

What is YouTube?

A Video-Sharing platform:


At its core, YouTube is a website and app that allows users to upload videos to a channel and share them with others.

User-Generated Content:

A significant portion of the content on YouTube is created by ordinary people, not just major TV networks or movie studios, making it a hub for  diverse and creative content.

Educational and Informative:

Many users to YouTube to learn new skills, find tutorials, and gather information on almost any topic imaginable.

 

Founding and initial growth (2005-2006)

YouTube was founded by Chad Hurley, Jawed Karim, and Steve Chen. The trio were early employees of Paypal , which left them enriched after the company was bought by eBay. Hurley had studied design at Indiana University of Pennsylvania, and Chen and Karim studied computer science together at the University of lllinois Urban-Champaign.
Location: Burhanpur, Madhya Pradesh 450331, India

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