YouTube | |
Basic facts | |
Location: | San Bruno, Calif. |
Type: | Limited Liability Company |
Top official: | Susan D. Wojcicki, CEO |
Founder(s): | Chad Hurley, Steve Chen, Jawed Karim |
Year founded: | 2005 |
Website: | Official website |
YouTube is a limited liability company owned by Google Inc., a subsidiary of Alphabet Inc. The company is based in San Bruno, Calif.[1][2]
According to its website, YouTube's mission is as follows:[1]
“ | YouTube allows billions of people to discover, watch and share originally-created videos. YouTube provides a forum for people to connect, inform, and inspire others across the globe and acts as a distribution platform for original content creators and advertisers large and small.[3] | ” |
YouTube was founded in 2005 by Chad Hurley, Steve Chen and Jawed Karim.[4] According to a USA Today article, YouTube was created in response to the difficulty of locating online videos of the 2004 Asian tsunami and/or of Janet Jackson's Super Bowl "wardrobe malfunction."[5] Karim uploaded the first YouTube video, called "Me at the Zoo," in April 2005.[6]
Google purchased YouTube for $1.7 billion a year after its founding, and by its tenth year in 2015, YouTube was the third most popular web domain globally and received visits from about one billion people daily.[5][7][8]
On December 16, 2015, NBC News announced that it would co-host the fourth Democratic debate along with YouTube and the Congressional Black Caucus. NBC Nightly News Anchor Lester Holt moderated the debate, which took place from 9 to 11 p.m.[9] YouTube offered online viewing of the debate at YouTube.com and NBCNews.com, with coverage beginning at 8 p.m.[10]
Below is a list of key leadership for YouTube LLC and the board of directors for Alphabet Inc. (the holding company of YouTube's parent company, Google Inc.) as of January 2016:[11][12]
YouTube is owned by Google Inc., a subsidiary of Alphabet Inc. The company's stock is traded publicly as GOOG on the NASDAQ Stock Exchange. GOOG's closing stock price on January 13, 2016, was $700.56.[1][13]
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