most of us probably remember the days when watching videos online meant
squinting at grainy pixelated Clips in a
tiny Real Player window assuming our connection was fast enough to support
streaming video at all but in 2005 a few
guys that used to work for PayPal came up with the idea for YouTube after they
noticed how difficult it was to do something as simple as share a popular
video of a big news story or wardrobe malfunction and although YouTube wasn't
the first site that was dedicated to sharing videos those actually started
popping up in the mid to late 1990s thanks to their timing they were among
the first to take advantage of the increasing popularity of broadband
connections fast enough to even watch videos easily as well as miniature
cameras on things like cell phones that allowed people to take videos anywhere
creating a large market for both watching and uploading videos online
YouTube also converted all videos into Adobe flash to ensure that as many
people as possible could use the site since virtually every web browser at the
time supported the flash plug-in though today they're migrating towards the less
resource heavy HTML 5 YouTube's good
launch timing made it wildly popular so much so that Google bought the site less
than 2 and A2 years later for over a billion and a half dollar good thing too
since as of the end of 2014 300 hours of
footage are being upload uploaded to YouTube per minute fortunately though
YouTube has access to Google's hundreds of thousands of servers to handle all
those terabytes upon terabytes of bad infomercials reaction videos and
professional unboxings of course Google
wouldn't have shelled out all that paper if they didn't think that YouTube had
the potential to be a huge Money Maker so YouTube rolled out its partner
program in 2007 allowing YouTubers like
yours truly to share in the sites ad Revenue by placing banner ads and later
pre-roll ads on their videos and the gravy train didn't stop there as YouTube
also formed Partnerships with major content Distributors like NBC Universal
in 2006 and Vivo in 2009 to gain even
more ad Revenue by featuring highly sought after videos like music videos
and also to ward off the copyright lawsuits that plagued the company in its
very early days 2009 was a big year for
YouTube that was the beginning of support for 1080p full HD video and in
2011 just two years later to contribute to the trend of cord cutting in which
people were finding ways to watch high quality content without paying for an
expensive cable or satellite subscription they poured a hundred
million into the funding of startup
original content from existing creators and from other celebrities YouTube also
tweaked its search algorithm in 2012
placing more more emphasis on watch time instead of raw view count which not only
helped to bury irrelevant videos with view counts inflated by Bots or people
watching them for a few seconds because of an attractive thumbnail that turned
out to have nothing to do with the actual content but also allowed trending
content to get to the top of search results more easily making the site more
of a distribution platform for new videos rather than just a huge Dusty
repository for 10-year-old home movies of people's cat
since then the site has continued encouraging its users to cut the cord so
to speak even further by live streaming popular events and launching YouTube Red
a monthly subscription service although cheaper than a cable subscription that
will offer AdFree playback access to more original content although that
depends on the creators to make it and music streaming with playback in the
background and while its relatively High Cost of $10 a month has been roundly
criticized it's reflective of Google's push to get people away from their TVs
unless of course those TVs are connected to a chomecast
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first purchase so thanks for watching guys if you like this video like it if
you disliked it dislike it if you want to check out our other channels got some
great content up lately on Channel Super Fun we were playing a really cool game
earlier and we all laughed and you'll laugh along with us we all smiled and
cried a little bit there was no crying just laughing at the people who were
crying anyway leave a comment below if you have suggestions for future fastest
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