Tuesday, 15 March 2011

Exhibition and Distribution: YouTube

When was Youtube created?
Youtube was founded in February 2005.

Who was it created by?
Chad Hurley, Steve Chen, and Jawed Karim, who were all early employees of PayPal - an eBay owned company.

Why did they create it?
They had difficulty sharing their home videos, as there was no particularly good solutions already out there.

How many videos are uploaded to youtube everyday?
200,000 to 300,000

How much did Google pay for Youtube?
$1.65 Billion

"YouTube poses the biggest threat to the Television industry" - Why do you think this is?
Youtube offers the chance for everyone in the world (except china) to be producers of their own content and star in it too; television does not allow for this. Youtube has a variety of content from across the globe, there's something that will entertain everyone's taste.

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