YouTube is an online video sharing platform that was founded in 2005 by 3 former PayPal employees-Chad Hurley, Steve Chen, and Jawed Karim.
YouTube was bought by Google in 2006 for US$1.65 billion.
Most of the videos are free on YouTube but there are some channels that are subscription-based. Some Corporations like Hulu, BBC, Vevo, etc offers content under the Youtube partnership program.
Youtube Also offers Youtube music and YouTube premium which are subscription-based services offering ad-free premium content and licensed music to its subscribers
YouTube earns revenue by displaying ads from Google. It also allows the content creator also to earn revenue by sharing a percentage of the revenue it generates from the ads which are displayed on the content creator’s video.
Chad Hurley, Steve Chen, and Jawed Karim.