Since 2015, established media corporations such as Disney, ViacomCBS, and WarnerMedia have created and expanded their corporate YouTube channels to advertise to a larger audience. This includes collaborations between YouTubers and corporate sponsors. Most content is generated by individuals. Video categories on YouTube include music videos, video clips, news, short films, feature films, documentaries, audio recordings, movie trailers, teasers, live streams, vlogs, and more.
Since its purchase by Google, YouTube has expanded beyond the website into mobile apps, network television, and the ability to link with other services. It has since evolved from a small video streaming platform to a large service with reported revenues of $19.8 billion in 2020. YouTube and approved creators participate in Google's AdSense program, which generates more revenue for both parties. YouTube now offers paid content such as movies and exclusive content. Google's ownership of YouTube has also changed its business model it no longer generates revenue from advertisements alone. In October 2006, YouTube was bought by Google for $1.65 billion. As of May 2019, videos were being uploaded at a rate of more than 500 hours of content per minute. YouTube has more than one billion monthly users who collectively watch more than one billion hours of videos each day. It is the second most visited website, right after Google itself. It was launched on Februby Steve Chen, Chad Hurley, and Jawed Karim. YouTube is an American online video sharing and social media platform owned by Google.
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