Overview
- YouTube, founded by Jawed Karim, Steve Chen, and Chad Hurley, launched on April 23, 2005, with the first video, 'Me at the Zoo.'
- Google acquired YouTube for $1.65 billion in 2006, and the platform has since grown into a global media powerhouse with 500 hours of content uploaded per minute.
- YouTube generates over $35 billion annually in ad revenue and commands 12% of total TV viewership, surpassing traditional media giants like Disney and Netflix.
- Analysts estimate YouTube's standalone valuation at $475–550 billion, positioning it as a potential leader in media revenue by 2025.
- A recent federal antitrust ruling declared Google held illegal advertising monopolies, raising the possibility that YouTube could be divested from its parent company, Alphabet.