Who developed it and when?
YouTube was created by Steve Chen, Chad Hurley and Jawed Karim. They came up with the idea in a garage in Menlo Park in the San Francisco Bay Area of California, in the United States. http://inventors.about.com/od/xyzstartinventions/a/YouTube.htm It was developed in February 14, 2005. The headquarters of YouTube is in 901 Cherry Ave, San Bruno, California, United States. (the map on the right) How does it make money? YouTube makes money by the advertisements. Companies will pay YouTube to advertise there product in popular videos usually music videos (on the right there is an advert for sanctuary which is a film at the end of a video). However this can get very annoying because you could be watching something then a advert pops up in the middle of the video you are viewing, these adverts are called ad clips. Also YouTube advertise companies and links to different web pages on the right side of the webpage. However only 3-4% of the total video content on youtube has ads in them. http://www.buzzle.com/articles/how-does-youtube-make-money.html YouTube is worth around $36 billion. http://exploredia.com/how-much-is-youtube-worth-2013/ |