PayPal-funded YouTube launch
The three founders of YouTube -- Chad Hurley, Steve Chen, and Jawed Karim -- all worked for PayPal. He used his money from PayPal's buyout of eBay to fund the initial development of the site.
- Google owns YouTube
In October 2006, Google acquired YouTube for $1.65 billion. Which was a lot of money at the time, but it seems like little now considering the value of YouTube.
- Advertisements displayed in 2007
Google is the largest advertising company in the world, and it didn't take long for it to start monetizing YouTube. The service's first advertisement was broadcast in August 2007, just nine months after Google purchased the site.
- Has Localized Versions of YouTube
In June 2007, YouTube began rolling out localized versions of its site. People in different locations will get different recommendations and features, as well as a localized top-level domain (for example, .com, .co.uk, .fr, etc.).
The US, UK, Brazil, France, Ireland, Italy, Japan, Netherlands, Poland and Spain were the first 10 countries to have their own YouTube site.
- YouTube has 98 versions
Fast forward to today, and the localization program has expanded dramatically. More than 98 countries now have their own version. Most recently went live in January 2019. They were Bolivia, Costa Rica, Ecuador, El Salvador, Guatemala, Honduras, Nicaragua, Panama and Uruguay.
YouTube is censored worldwide
YouTube's mission to penetrate homes in every corner of the planet hasn't always been simple. At times, more than 25 countries have blocked access. All the usual suspects are out there, plus a few surprises like Germany, Finland, and Brazil.
- YouTube is worth billions
Today, YouTube's annual revenue is approximately $15 billion. This has prompted Wall Street analysts to value the brand at more than $100 billion.
- Americans Addicted to YouTube
In any given month, 80 percent of North American adults aged 18 to 49 watch at least one video on YouTube.
- YouTube has more reach than cable TV
In the United States, YouTube reaches more 18- to 49-year-olds than any broadcast or cable TV network.
- YouTube is growing in popularity
- YouTube's attack on traditional forms of television shows no signs of abating. The latest data available shows that the time spent on YouTube is enjoying double-digit percentage growth. At the same time, there is a decline of double digits in the time taken to watch TV.
Avril Lavigne was first viewed 100 million times