YouTube Celebrates 8th Birthday
YouTube has turned eight years old today. Back in May 2005, the founders of YouTube Chad Hurley, Steve Chen, and Jawed Karim would have never suspected that their website would grow this big and get acquired by Google $1.65 billion. Now over 100 hours of video footage is being uploaded to YouTube per minute, according to the YouTube blog. This is over four days of video uploaded each minute. YouTube is also hitting 1 billion unique visitors per month.
Around two years ago, YouTube said that users were uploading around 48 hours of video per minute so that means that content growth has more than doubled in two years. There are a lot of deals taking place for people that run YouTube channels. Yesterday we reported that Ray William Johnson signed a script deal with FX and DreamWorks acquired a YouTube channel called AwesomenessTV for $33 million. Psy, a Korean pop singer that saw his music video go viral, was even signed by the guy that manages Justin Bieber. Sesame Street found a whole new distribution as they hit 1 billion views on YouTube.
“And so, on our eighth birthday, we’d like to thank you for making YouTube the special place that it is. For showing us how video can create connections, transcend borders and make a difference. For clicking these links even if you aren’t sure what they’ll be, but you trust us. In short, thanks for making us better in big ways and small ones, too. We can’t wait to see what you come up with next,” said YouTube in a blog post.