History of youtube

Youtube is the most dominant channel which provides videos.It has market share of 43 % in the U.S and have 14billion videos on it in 2010 May.
The company says that videos are uploaded 24 hours and the three quarter of these videos is out side the united states. It is estimated that in 2007 YouTube, used as much traffic as the entire Internet in 2000.
Alexa has ranked the youtube on third number.She describe that it is the most visited site after the google and facebook.

Youtube face problems as well.The name of www.youtube.com became a problem with a site name, www.utube.com.The site owner of universal were sued by youtube. Since 2006 universal tube has changed his name to www.utubeonline.com.
 In October 2006 Google acquired the youtube for U.S $  Google Inc said it has acquired YouTube for U.S. $ 1,650,000,000 in cash Google, and the transaction was finalized on November 13, 2006. Google does not provide details running costs for YouTube, as well as revenue from YouTube in 2007 are marked as "material" in the regulatory filing.In June 2008, a local magazine magazine "Forbes Article projected 2008 revenues of US $ 200 million, noting progress in ad sales.
In March 2010 youtube decided to start free steaming of any content  in which 60 matches were included of indian premier league.
On 31 March 2010 the youtube introduced the new design for its users so that people can fell easy while using it and can spent more time.Google product manager Shiva Rajaraman said: "We really felt like we should step back and remove clutter." It was reported that YouTube is serving more than two billion videos per day, which defined it as "almost twice as prime minister during the audience and the three major U.S. television networks.