what is the company that owns youtube

„There was a time when we reached out to all of our investors and all of our friends and said, ‚Hey‘ — and this email actually went out — ‚if you have any servers that you’re not using, can we borrow them?'“ Yu said. „We literally went around to friends at companies, at their houses, and got every server we could.“ Yu, dressed casually in shorts, a t-shirt, and a backwards baseball cap, walked over and showed the officer the documents, which stated that Google would buy YouTube for $1.65 billion. As they used the light from their Blackberry phones to read through a sheaf of documents, a police officer pulled up.

You know, one of the things that happens when you run a video-sharing service the size of YouTube’s is that you can’t possibly kind of, you know, curate it all individually. And so they rely on mathematical algorithms to do so much of the work, to filter out, you know, pornography and things like that. And often what will happen is that they will, you know, make a tweak or something, and then it’ll change things and affect users and creators. And so this was a team that was effectively doing what we think of as an editorial role now of, like, managing a website homepage like The New York Times – and an integral part. They were one of the first people at YouTube to actually reach out to the people that were broadcasting and uploading videos and develop a relationship with.

Three years later, YouTube Red was renamed YouTube Premium and spun off its music streaming to a separate service called YouTube Music. The use of categories on YouTube starts losing relevance since they were created in times when algorithms weren’t as complex and intuitive as they are today. Back then, YouTube needed the users’ help to classify where their videos should appear. Now the algorithm takes care of categorizing videos and showing them to people who would be most likely to engage with the content. In June 2007, YouTube began trials of a system for automatic detection of uploaded videos that infringe copyright.

Who Owns YouTube? History, Shareholders, Facts

what is the company that owns youtube

YouTube generated nearly $5 billion in ad revenue in the last three months, Google revealed today as part of parent company Alphabet’s fourth quarter earnings report. That – I think that the idea was that there was – this is a big platform. We have drawn lines in the sand in certain places as far as what’s acceptable legally and what’s acceptable according to our community standards. And anything else felt sort of interventionist in a way that the company for a long time avoided doing until they were forced to do so. And I talked to some of the early YouTubers who had worked in that tech space, and they were like, well, we discovered when we were unboxing the videos, people actually wanted to watch them. They wanted to experience what it’s like to take that new shiny product outside of a box.

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Drummond and Yu, still shaking from the experience, signed the papers and went home, their respective companies celebrating for different reasons. Google, for acquiring what would become one of the most valuable parts of its growing empire. The company, only 18 months old at that point, was fending off potentially costly copyright claims and scrambling to support a user base that was growing so quickly, the site’s infrastructure was cracking. The YouTube chronology was created with the help of Office Timeline, a flexible PowerPoint add-in that allows users to quickly generate timelines, Gantt charts and other similar visuals for business or academic presentations. By doing so, YouTube entered the broadcast business and started streaming a wide range of live content, from concerts and the royal wedding to news coverage and the Olympics. Congress launching its official Congressional YouTube channels in January 2009, many American citizens gained access to the government like never before, and YouTube became mainstream.

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This grabbed the attention of many tech giants to purchase and own the company within a few months only. They’ve made fairly significant strides in communicating with their creator class. And often the only communication they’ll get is an automated email. This was met with a couple of different concerns that I’ve heard from multiple people that raised this over the time. So, you know, YouTube has certain protections that – I mean, it’s not liable for the content because it – under U.S. law and elsewhere.

The day after the gci broker acquisition was announced, the staff got to have a catered lunch of Subway sandwiches, according to Gideon Yu. YouTube’s core strength is that it is a video platform where anyone can upload their user-generated content. You can watch as many videos as you want without having to pay, and you can also make and share your own videos.

One of the employees said YouTube Music gives users a choice on how to consume podcasts. They can listen to audio-only or watch it in video format — and they can go back and forth between the two if the episode is downloaded with YouTube Premium. Then, in February 2019, YouTuber Matt Watson posted about what he described as a „soft-core pedophilia ring“ living in the comments on YouTube videos featuring children.

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Now he’s known as „YouTube’s biggest philanthropist“ for frequently posting charity stunts. In December, YouTuber Logan Paul posted a video of him and friends discovering and filming a dead body in Japan’s so-called „suicide forest.“ Outrage over the video was review dual momentum investing swift. Although he wasn’t banned from YouTube, he was suspended from its top-tier ad revenue program.

Alphabet Inc. is a global technology conglomerate that was established through a restructuring of Google in 2015. It is the parent company of Google and its various subsidiaries, such as Calico, CapitalG, Intrinsic, Isomorphic Labs, and Verily. The original idea was an online dating service named  “Tune In, Hook Up”, but it eventually failed.

  • Later that year in December 2007, YouTube rolled out its „Partner Program“ to select creators, allowing them to earn money from their content based on ad revenue.
  • The platform is managed by a team of executives who report directly to Sundar Pichai, the CEO of Google and Alphabet Inc.
  • The YouTube Space has several features, including a video studio, a screening room, and a game room.
  • The plans to move to the new office had been in place for months, well before YouTube had decided to sell, but the timing made things complicated for Levine, who was still negotiating the licensing deals along with Maxcy.
  • With limited success in commercializing its Web site or containing its growing costs, YouTube began looking for a buyer.

In February 2015, Google launched a „family-friendly“ version of the video platform called YouTube Kids.

By July 2006, about 65,000 new videos were being uploaded on YouTube each day, and there were approximately 100 million views per day. In November 2006, YouTube was acquired by Google for $1.65 billion, and it is now one of the subsidiaries of Google. Set up in 2005 by three former PayPal employees and originally intended to be a dating service, YouTube is now the world’s most popular online video-sharing platform. With 1 billion hours of video watched every day and 500 hours of video uploaded every minute, YouTube has evolved from a site dedicated to forex broker amateur footage to a service that distributes original content.