"Back in January 2005, Steve Chen [YouTube co-founder] and I got together for a dinner party and were taking photographs and videos with our digital cameras," says site co-founder Chad Hurley, who met Chen when they were employees at PayPal. "The next day, we realized how difficult it was to share these video files with each other and then thought that this had the potential for being a problem for more and more people." Thus, the birth of YouTube.com. - From New York Post: SECTION: All Editions; Pg. 42 / HEADLINE: TUBE TOPS 'NET - VIDEO-CLIP CLEARINGHOUSE ATTRACTS FANS, LAWSUITS / BYLINE: MAXINE SHEN - March 9th 2006
They registered the domain YouTube.com on February 15th, 2005 and developed the site over the following months from a garage in Menlo Park. - http://www.rev2.org/2006/10/02/youtube-the-complete-profile/
In May 2005 they launched in a public beta, and in November, YouTube made its debut with an $3.5 million of funding from Sequoia Capital.To get a decent start and attract the initial crowd they were looking for — teenagers, college students, hobbyists, film-makers — they came out with a contest that promised to give out one iPod Nano to a random member each day, which ran for two months. This contest worked on a point-based system, for example one point was rewarded for signing up, one for inviting others, another one for posting a video, etc. The more the points you gained, the higher the chance of winning you had. This was a significant action that got YouTube noticed by the masses and gave it a headstart as per the signups. After all, if you knew you had a chance to winning a $250 iPod Nano just by signing up and posting that Uncle Bob's funny biking incident clip you've had on your hard-drive for the past few years, wouldn't you? - http://www.rev2.org/2006/10/02/youtube-the-complete-profile/
When YouTube debuted last May in its "preview period" - read: the site was still experimenting - it drew an average of 32,000 viewers per day. (McManis, Sacramento Bee, March 14 2006)
Big changes in the way people shoot video -- increasingly on small digital cameras instead of camcorders -- and lower costs for website operators have enabled a host of start-up video sites to pop up in the last few months. But YouTube, by far the largest of the independent video sites, says it has more than 200,000 registered users and is showing more than 2 million videos per day. YouTube recently raised $3.5 million in funding from Sequoia Capital. What's made these new free video sites possible is a dramatic change in the way consumers make videos.Small digital cameras have greatly improved video-capturing capabilities, and the video files are smaller and easier to share.Thanks to digital camera video features, consumers are now shooting much more video -- 34 million gigabytes' worth this year, vs. 24 million gigabytes last year, says research firm IDC. Still, IDC analyst Chris Chute thinks it will take years for these sites to take off. He estimates that less than 10% of digital camera owners are savvy enough to take the time to sit in front of the computer and transfer video footage. exerpts from: USA TODAY November 22, 2005, Tuesday, FINAL EDITION HEADLINE: Video websites pop up, invite postings Jefferson Graham LOS ANGELES
"In December, the site got flooded with bootlegs of the Saturday Night Live short Lazy Sunday. YouTube complied with NBC's requests to take down the clip for copyright violation but didn't stop Bryant Fisher and Max Sitinikov from posting their impressive shot-for-shot remake of SNL's video, lip-synced to its audio track. What it lacks in originality, it makes up in sheer dedication." - A Video History of YouTube by Paul Botin. Slate. Oct 18 2006
YouTube, based in San Mateo, Calif., is an amateur video-sharing site that had its official debut on Dec. 15, after a seven-month public development. It makes its money from text-only banner advertisements, running at the top and bottom of its Web page. YouTube has a staff of only 20, and the only censorship they have exercised thus far is of ''inappropriate'' material, meaning pornography.) YouTube had one million visitors in November, and three million in December. Julie Supan, the company's marketing director, said YouTube is now up to more than 10 million videos viewed daily. ''We're streaming 115 videos a second,'' she said, ''6,944 per minute.'' ''I don't think there would be a market for all this stuff on YouTube,'' Mr. Peck said, ''if everyone -- artists, labels, publishers and rights holders -- could get together and find reasonable ways to release it.'' (Ratliff, The New York Times, February 3 2006)
Julie Supan, senior director of marketing for YouTube, said she contacted NBC Universal about working out a deal to feature NBC clips, including ''Lazy Sunday,'' on the site. NBC Universal responded early this month with a notice asking YouTube to remove about 500 clips of NBC material from its site or face legal action under the Digital Millennium Copyright Act. YouTube complied last week. ''Lazy Sunday'' is still available for free viewing on NBC's Web site, and costs $1.99 on iTunes. (Biggs, The New York Times, February 20 2006)
Consumers in the United States alone shot 34 million gigabytes worth of video last year, which is a 40 per cent rise from the 24 million gigabytes the previous year. (Yong, Straits Times Singapore, Feb 5 2006)
"... we're handling 200 terabytes of data per day - almost a third of Google's or Yahoo's traffic." (McManis quoting Julie Supman, Sacramento Bee, March 14 2006)
YouTube, a leading site for watching video on the web, won new funding yesterday, as a research firm predicted demand for internet video services was about to explode. YouTube, which has grown popular by hosting video clips uploaded by its users, said it had received Dollars 8m in second-round funding from Sequoia Capital, a venture capital group that backed Yahoo and Google. "This is the birth of a new clip culture where the audience is in control more than ever," said Chad Hurley, chief executive. "YouTube is at the forefront of a cultural shift in digital media entertainment and media distribution," added Roelof Botha, a Sequioa partner. (Chris Nuttall. Financial Times. London, England, April 6 2006.)
"YouTube really sums up the idea of democratisation of the tools of production, with its easy-to-view, easy-to-upload grainy videos, posted predominantly by users. It is now being taken seriously by both the television and music industry over here." - 27/07/2006,Long-tailed niche market of the future where less is more, Copyright 2006 Centaur Communications Ltd.
"Following the acquisition, YouTube will operate independently to preserve its successful brand and passionate community. The acquisition combines one of the largest and fastest growing online video entertainment communities with Google's expertise in organizing information and creating new models for advertising on the Internet. The combined companies will focus on providing a better, more comprehensive experience for users interested in uploading, watching and sharing videos, and will offer new opportunities for professional content owners to distribute their work to reach a vast new audience." "Our community has played a vital role in changing the way that people consume media, creating a new clip culture. By joining forces with Google, we can benefit from its global reach and technology leadership to deliver a more comprehensive entertainment experience for our users and to create new opportunities for our partners," said Chad Hurley, CEO and Co-Founder of YouTube. "I'm confident that with this partnership we'll have the flexibility and resources needed to pursue our goal of building the next-generation platform for serving media worldwide." - http://www.google.com/intl/en/press/pressrel/google_youtube.html
The breakthrough that turns home movies into Internet blockbusters is Time magazine's Invention of the Year. YouTube, which sparked a revolution by allowing Joe Schmoes everywhere to get their 15 nanoseconds of Web fame, beat out a supereconomical car and a soldier-saving robot for the eye-opening honor. "Only YouTube created a new way for millions of people to entertain, educate, shock, rock and grok one another on a scale we've never seen before," Time's editors wrote in the issue hitting newsstands this week. "The rules are different now, and one Web site changed them: YouTube."