![]() YouTube later introduced YouTube Red, a version of the platform that allowed users to pay a monthly fee to enjoy content without ads and more exclusive content. In 2013 YouTube started a premium subscription-based version of its services.Ĭertain videos would only be available through the premium subscription, and users could pay a small fee to unlock access to those videos. YouTube generates most of its income through advertising partners.Ĭontent creators on the platform allow ads to be placed throughout their videos and receive a percentage of the money paid in exchange. Google invested in what would become one of the most profitable websites. The website’s popularity began to ripple throughout the internet, and YouTube’s growth was astonishing.īy 2011, more than one billion videos were being watched daily. Google purchased YouTube for $1.65 billion in Google stock. The company was acquired approximately one year after the first video on YouTube reached a million views. ![]() ![]() The website was made available to the public within the year, and in November of 2005, it had a video reach one million views for the first time. The first video was uploaded to YouTube by founder Jawed Karim on April 23, 2005. ![]() The idea was backed by $20 million in venture funding from Sequoia Capital and Artis Capital Management. It evolved when the three founders discussed how socially sharing videos was difficult.
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