{"id":98123,"date":"2021-01-18T17:42:05","date_gmt":"2021-01-18T17:42:05","guid":{"rendered":"https:\/\/www.musicbusinessworldwide.com\/?post_type=companies&#038;p=98123"},"modified":"2021-01-18T17:42:05","modified_gmt":"2021-01-18T17:42:05","slug":"youtube","status":"publish","type":"companies","link":"https:\/\/www.musicbusinessworldwide.com\/companies\/youtube\/","title":{"rendered":"YouTube"},"content":{"rendered":"<p>US-born video platform YouTube was founded in February 2005 by Steve Chen, Chad Hurley and Jawed Karim &#8211; all former PayPal employees.<\/p>\n<p style=\"font-weight: 400;\">The company was <a href=\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/1288776\/000119312506206884\/dex991.htm#:~:text=(NASDAQ%3A%20GOOG)%20announced%20today,stock%2Dfor%2Dstock%20transaction.\" target=\"_blank\" rel=\"noopener\">acquired by Google<\/a> in October 2006 for $1.65 billion in a stock-for-stock transaction.<\/p>\n<p style=\"font-weight: 400;\">At the time of the company&#8217;s acquisition by Google &#8211; a year and a half after its launch, YouTube was delivering more than 100 million video views every day with 65,000 new videos uploaded daily.<\/p>\n<p>As of today, YouTube reports that over 2 billion logged-in users visit the platform each month. YouTube also reports that its users watch 1 billion hours of video every day and generate billions of views.<\/p>\n<p>Local versions of YouTube have been launched in more than 100 countries.<\/p>\n<p>YouTube has been led by CEO Susan Wojcicki since 2014.<\/p>\n<hr \/>\n<h6>Revenues<\/h6>\n<p>According to parent Alphabet\u2019s Q3 2020 fiscal filings, <a href=\"https:\/\/www.musicbusinessworldwide.com\/youtube-just-generated-5bn-from-ads-in-a-quarter-and-youtube-music-has-over-30m-subscribers\/\" target=\"_blank\" rel=\"noopener\">YouTube generated $5.04bn from ads<\/a> in the three months to end of September 2020.<\/p>\n<p>That was up by over $1.2bn on the $3.80bn that YouTube generated from ads in the same quarter of 2019.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>YouTube was founded in February 2005 by Steve Chen, Chad Hurley and Jawed Karim<\/p>\n","protected":false},"featured_media":18733,"parent":0,"menu_order":0,"template":"","class_list":["post-98123","companies","type-companies","status-publish","has-post-thumbnail","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.musicbusinessworldwide.com\/wp-json\/wp\/v2\/companies\/98123","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.musicbusinessworldwide.com\/wp-json\/wp\/v2\/companies"}],"about":[{"href":"https:\/\/www.musicbusinessworldwide.com\/wp-json\/wp\/v2\/types\/companies"}],"version-history":[{"count":0,"href":"https:\/\/www.musicbusinessworldwide.com\/wp-json\/wp\/v2\/companies\/98123\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.musicbusinessworldwide.com\/wp-json\/wp\/v2\/media\/18733"}],"wp:attachment":[{"href":"https:\/\/www.musicbusinessworldwide.com\/wp-json\/wp\/v2\/media?parent=98123"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}