YouTube, born from a 2005 dinner party, has evolved into a global video giant poised to surpass US cable television in paid subscribers. The platform's success stems from its open, user-generated content model, rapid growth, and strategic acquisitions. YouTube continues to adapt, launching features like 'Shorts' to compete with TikTok while fostering a thriving community of creators.
SAN FRANCISCO — YouTube has evolved from a dinner party lark 20 years ago into a modern lifestyle staple poised to overtake US cable television in paid viewership.PayPal colleagues Steve Chen, Chad Hurley, and Jawed Karim conceived YouTube in 2005, reportedly during a dinner party. The domain YouTube.com launched on Valentine's Day that year.Video uploading capabilities were added on April 23, when Karim posted the first video, titled 'Me at the Zoo.
'YouTube was part of the recovery from the dot-com collapse, when people realized monetization was actually important,' said tech analyst Rob Enderle. 'YouTube became an example of how dot-coms should have been done, as opposed to how they were done in the late 1990s.'Google used its advertising know-how to build a successful model, sharing revenue with creators who attract significant audiences.
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