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Book Summary
YouTube is a platform that encourages people to create and upload their own video content. Some of the content has become so popular that its creators are now famous in their own right. Now a Google-owned enterprise, YouTube is a global platform that has created celebrities and social influencers.
YouTube is an example of how powerful social media platforms are in global entertainment. The platform illustrates how lucrative social media is, but also how dangerous it can be without proper regulation. As well as showing entertainment, its lack of policing has resulted in shocking material such as acts of violence being uploaded.
Whether or not this failure in regulation has damaged the future of the YouTube brand remains to be seen. For now, it continues to be a new avenue for creatives and one that is growing. Thanks to its large base of users, YouTube has altered the way we watch entertainment irrevocably.
Before Google purchased YouTube, it had already attempted to develop a streaming platform. YouTube, however, had got there first. In the early 2000s, it was already working on ways to build its brand and accumulate users. If you were a video creator you could upload your content directly to the platform for anyone to view. A crucial step for burgeoning filmmakers and creative artists.
YouTube also allows you to upload copyrighted content. When it started, this also allowed it to reach other users who just wanted a place to watch videos. The platform was a place to watch content that infringed on copyright, original animations, and homemade videos. An added element was the fact that users could interact with each other, leaving comments on videos, and subscribing to channels on the platform.
When Google purchased YouTube in 2006, the price was $1.65 billion. After purchasing the platform, Google expanded YouTube’s reach on a global scale and implemented a new ad revenue program. Since Google has owned the platform, it’s value has increased to a value of $140 billion.
If you’re a content creator, the new ad revenue program on YouTube provides you with the opportunity to make a living. Due to the global expansion of the platform, you can upload content from almost...
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