With its headquarters in San Bruno, California, YouTube is an American social media and internet video-sharing company. On February 14, 2005, Steve Chen, Chad Hurley, and Jawed Karim officially debuted it. YouTube net worth is reported to be around $180 billion.
After Google Search, it is the second most visited website and is owned by Google. More than 2.5 billion people use YouTube each month, and they watch more than one billion hours of video per day. More than 500 hours of content were uploaded every minute of video as of May 2019.Â
YouTube net worth is $180 billion
YouTube History
Steve Chen, Chad Hurley, and Jawed Karim developed YouTube. The three were early PayPal employees, which made them wealthy once eBay acquired the business. Chen and Karim studied computer science together at the University of Illinois Urbana-Champaign, while Hurley studied design at the Indiana University of Pennsylvania.
An account that has appeared frequently in the media claims that Hurley and Chen came up with the concept for YouTube in the first few months of 2005 after having trouble sharing movies they had recorded at a dinner party at Chen’s residence in San Francisco. Karim was not present and denied that the event had taken place, but Chen said that the notion that YouTube was started after a dinner party “was probably very strengthened by marketing ideas around creating a story that was very digestible.”
A technology business with venture capital funding was YouTube’s origin. The company raised capital from a number of investors between November 2005 and April 2006, with Sequoia Capital contributing $11.5 million and Artis Capital Management contributing $8 million respectively. In San Mateo, California, YouTube’s early headquarters were located above a pizza and a Japanese eatery. The business launched www.youtube.com in February 2005. On April 23, 2005, the first video was posted online. It is still accessible on the website and is titled Me at the Zoo and depicts co-founder Jawed Karim at the San Diego Zoo. The business opened a public beta in May, and by November, a Nike commercial starring Ronaldinho had amassed one million views.
The website received 8 million views per day by the time it was formally launched on December 15, 2005. At the time, clips could only include 100 megabytes or as little as 30 seconds of video.
Google announced that it has purchased YouTube for $1.65 billion in Google stock on October 9, 2006. On November 13, 2006, the agreement was completed. In order to set itself apart from YouTube, IAC, which now owned Vimeo, concentrated on helping content creators after Google’s acquisition sparked renewed interest in video-sharing websites. At this point, YouTube introduced the phrase “Broadcast Yourself.”
YouTube net worth is $180 billion
| Name | YouTube LLC |
| Headquarters | 901 Cherry Avenue San Bruno, California, USA |
| Founded | February 14, 2005 |
| Founders | Chad Hurley, Steve Chen, and Jawed Karim |
| Type | Subsidiary |
| Parent | Google LLC |
| YouTube Net Worth | $180 Billion |
| Revenue | $28.8 billion |
| Users | 2.6 billion |
| CEO | Susan Wojcicki |
| Last Updated | November 2022 |
YouTube Net Worth
Google’s subsidiary YouTube net worth is reported to be $180 billion. YouTube primarily earns from advertisements. It also offers a YouTube Premium subscription, which is another source of income for the platform. Google’s Adsense program serves as another source for YouTube but also for the content creators on the platform.
YouTube has reported revenue of $19.8 billion in 2020. The advertising revenue of the company increase to $28.8 billion in 2021.
YouTube net worth is $180 billion
YouTube Net Worth Growth
| YouTube Net Worth 2022 | $180 Billion |
| YouTube Net Worth 2021 | $175 Billion |
| YouTube Net Worth 2020 | $165 Billion |
| YouTube Net Worth 2019 | $160 Billion |
| YouTube Net Worth 2018 | $150 Billion |
YouTube Features
Video features – YouTube largely employs the Dynamic Adaptive Streaming over HTTP protocol, together with the VP9 and H.264/MPEG-4 AVC video codecs. For connections with low bandwidth, MPEG-4 Part 2 streams enclosed in 3GP containers are additionally offered. YouTube started releasing AV1-format videos in January 2019. According to a report from 2021, the business was considering mandating AV1 in streaming gear to save bandwidth usage and improve quality. In most cases, Opus and AAC audio codecs are delivered simultaneously with video.
Uploads – Each video that is uploaded to YouTube might be up to 15 minutes long. Users can submit films up to 12 hours long and create live streams by verifying their accounts, typically with a mobile device. Longer videos could have been uploaded when YouTube first began in 2005, but a 10-minute limit was imposed in March 2006 after it was discovered that most videos longer than this was unlawful uploads of television series and movies. In July 2010, the 10-minute restriction was doubled to 15 minutes. The maximum video size is 256 GB, or 12 hours, whichever is shorter.
Format and the qualify of videos – The launch of a number of videos in the 4K format, which supports resolutions up to 4096 x 3072 pixels, was announced by YouTube in July 2010. The ability to play videos at a resolution of 3840 by 2160 was enabled in July 2010. The ability to play videos at 8K quality (7680 x 4320 pixels) was added in June 2015. Support for HDR video, which can be encoded using hybrid log-gamma (HLG) or perceptual quantizer, was added in November 2016. (PQ). Rec. 2020 color space can be used to encode HDR video.
YouTube started rolling out support for high frame rate videos up to 60 frames per second (instead of 30 before) in June 2014, and user submissions started to be accepted in October.
Live Streaming – Early live streaming tests were conducted by YouTube, including a U2 concert in 2009 and a Q&A session with US President Barack Obama in February 2010. These tests previously utilized third-party partners’ technology, but starting in September 2010, YouTube started experimenting with its own live-streaming infrastructure. YouTube announced the launch of YouTube Live in April 2011. Live streaming can be up to 4K quality at 60 frames per second and supports HDR, and 360-degree video.
YouTube Services
YouTube’s premium subscription service is called YouTube Premium (formerly known as YouTube Red). It provides access to original programs, ad-free streaming, and mobile device offline and background video playback.
The American children’s video app YouTube Kids was created by YouTube, a division of Google. In response to government and parent inspection of the kid-friendly content accessible, the app was created.
To compete with Spotify and Apple Music, the music streaming service known as “YouTube Music” was introduced on May 22, 2018.
In a press conference held at YouTube Space Los Angeles on February 28, 2017, YouTube unveiled YouTube TV, an over-the-top MVPD-style subscription service that would be offered to American customers for US$65 per month.
An Android app called YouTube Go was developed to make YouTube more accessible on mobile devices in developing nations. It allowed users to download and share videos, and it was different from the company’s primary Android app. The app was accessible to almost 60% of the world’s population before it was shut off.
YouTube said that it would be launching a beta version of YouTube Shorts, a new platform for 15-second videos that is comparable to TikTok, in September 2020. The platform was initially trialed in India, but as of March 2021, it has been made available in several nations, including the United States. Videos are now capable of lasting up to one minute.
YouTube net worth is $180 billion
YouTube Rumors and Controversies
Despite its expansion and popularity, YouTube has drawn a lot of flak. YouTube has come under fire for facilitating the dissemination of false information, copyright breaches, systematic invasions of user privacy, supporting censorship, and compromising the safety and wellness of children.
After testing the functionality earlier in 2021, YouTube discontinued the public display of hate counts on videos in November 2021, citing internal research that indicated users frequently utilized the dislike option as a means of brigading and cyberbullying.
YouTube CEO Susan Wojcicki admitted that the removal of public dislike counts was a contentious choice, but she repeated that she stands by this choice, arguing that “it reduced dislike attacks” in a letter that was published on January 25, 2022.
YouTube Social Media Accounts
| 87M Followers | Link | |
| 29.5M Followers | Link | |
| 77.3M Followers | Link | |
| 577K Followers | Link | |
| YouTube | 34M Subscribers | Link |
10 Facts about YouTube
- Google LLC owns YouTube, a social media and internet video-sharing service in the United States.
- YouTube’s headquarters are located at 901 Cherry Avenue San Bruno, California, United States.
- It was founded on February 14, 2005.
- Chad Hurley, Steve Chen, and Jawed Karim are the founders of YouTube.
- Google LLC acquired YouTube in 2006.
- YouTube net worth is $180 billion.
- Susan Wojcicki is the CEO of YouTube since 2014.
- YouTube has more than 2.6 billion users worldwide.
- YouTube’s main source of earnings is advertising and Adsense.
- YouTube earned $28.8 billion in revenue in 2021.
YouTube net worth is $180 billion
Frequently Asked Questions about YouTube
What is YouTube net worth?
YouTube net worth is $180 billion.
When was YouTube founded?
YouTube was founded on February 14, 2005.
Who are the founders of YouTube?
Chad Hurley, Steve Chen, and Jawed Karim are the founders of YouTube
When did Google purchase YouTube?
Google acquired YouTube in 2006.
Where are the headquarters of YouTube located?
The headquarters of YouTube is located at 901 Cherry Avenue San Bruno, California, United States.
Who is the CEO of YouTube?
Susan Wojcicki is the CEO of YouTube since 2014.
How many users use YouTube?
More than 2.6 billion people use YouTube in the world.
Conclusion
Google LLC owns YouTube, a social media and internet video-sharing service in the United States. It was founded on February 14, 2005, by Chad Hurley, Steve Chen, and Jawed Karim. Google acquired YouTube in 2006. The headquarters of YouTube is located at 901 Cherry Avenue San Bruno, California, United States.
YouTube net worth is $180 billion
YouTube net worth is $180 billion and its main source of revenue is advertising. Susan Wojcicki is the CEO of YouTube since 2014 and more than 2.6 billion people use the service around the world.
