YouTube was established on February 14, 2005, by former PayPal employees Chad Hurley, Jawed Karim, and Steve Chen. It has grown to become the second most visited website worldwide, with over 2.7 billion monthly active users, watching more than a billion hours of videos daily. Video uploads exceed 500 hours per minute, contributing to approximately 14.8 billion total videos on the platform by mid-2024. Many individuals have turned content creation into full-time jobs, monetizing their work through the YouTube Partner Program and sponsorships, although profitability typically takes time.
On February 14, 2005, YouTube was founded by former PayPal employees Chad Hurley, Jawed Karim, and Steve Chen, leading to a significant cultural shift in media consumption.
In 2024, YouTube hosts over 2.7 billion monthly active users watching more than a billion hours of videos daily with 500 hours of content uploaded every minute.
YouTube provides opportunities for creators to monetize their content through the YouTube Partner Program and sponsorships, allowing some to earn a full-time income.
As of mid-2024, YouTube had an estimated total of 14.8 billion videos.
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