The Evolution of YouTube

By hannahfraser
  • Period: to

    YouTube

  • YouTube begins!

    Founded in 2005 (the activation of the domain name: www.youtube.com). It was created in 2005 by three former PayPal employees, Chad Hurley, Jawed Karim, Steve Chen. The headquarters are located in San Bruno, California

  • The first video is uploaded

    Published on the 23rd April 2005 (at 8:27 pm to be precise). The video is entitled 'Me at the Zoo' and depicts co-founder Jawed Karim at the San Diego Zoo. The video can be viewed today and currently has 40,517,902 views! (Richard Alleyne, 2008).

  • YouTube receives large investment

    In November 2005, 9 month after first tarting, YouTube receives an investment of $11.5 million from Sequoia Capital, an American venture capital firm.
    (Miguel Helft & Matt Richtel, 2006).

  • The first video to hit 1 million views

    In November 2005 an advertisement by Nike, staring Brazilian soccer star Ronaldinho, is the the first video to hit 1 million views
    ("Ronaldinho: Touch of Gold - YouTube", Wayback Machine, November 25, 2005).

  • YouTube reaches 8 million views per day

    By December 2015 the total of YouTube videos receive 8 million views per day (The Daily Telegraph, 2010).

  • Google buys YouTube

    Google purchases YouTube for US$1.65 billion.

  • YouTube launches its Partner Program

    YouTube creates a program whereby it takes 45 percent of the advertising revenue from videos, providing 55 percent to the video's creator (YouTube for Press, 2017).

  • 43% market share & 14 billion views

    As of May 2010 YouTube has a market share of 43%. During this month the total number of views on YouTube reaches over 14 billion (comScore, 2010).

  • 48 hours uploaded every minute

    As of May 2011 YouTube reaches an average of 48 hours of new content being uploaded each minute (Oreskovic, 2012).

  • 60 hours uploaded every minute

    As of January 2012 YouTube reaches an average of 60 hours of new content being uploaded each minute (Oreskovic, 2012).

  • 100 hours uploaded every minute

    As of May 2013 YouTube reaches an average of 100 hours of new content being uploaded each minute (Russell, 2013).

  • 300 hours uploaded every minute

    As of November 2014 YouTube reaches an average of 300 hours of new content being uploaded each minute (Solsman, 2014).

  • YouTube Red launches

    YouTube launches its premium service YouTube Red- a paid subscription service which offers ad-free, downloadable content. This service also offers content only accessible to those with the subscription. YouTube Red is currently offered within Australia, the US, Mexico and Korea (CBS Interactive Inc, 2016).

  • 400 hours uploaded every minute

    As of February 2017 YouTube reaches an average of 400 hours of new content being uploaded each minute (Saba Hamedy, 2017)