It has since evolved from a small video streaming platform to a large service with reported revenues of $19.8 billion in 2020.
YouTube and approved creators participate in Google's AdSense program, which generates more revenue for both parties. YouTube now offers paid content such as movies and exclusive content.
Google's ownership of YouTube has also changed its business model it no longer generates revenue from advertisements alone. In October 2006, YouTube was bought by Google for $1.65 billion. As of May 2019, videos were being uploaded at a rate of more than 500 hours of content per minute. YouTube has more than one billion monthly users who collectively watch more than one billion hours of videos each day. It is the second most visited website, right after Google itself. It was launched on February 14, 2005, by Steve Chen, Chad Hurley, and Jawed Karim. YouTube is an American online video sharing and social media platform owned by Google. Python (core/API), C (through CPython), C++, Java (through Guice platform), Go, JavaScript (UI) Uploader holds copyright (standard license) Creative Commons can be selected.
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