YouTube Celebrates 8 Years, Has A Billion Monthly Users
YouTube has now been around for eight years, having launched in May of 2005. Google acquired it the following year.
The company put up a blog post celebrating the landmark, thanking users, and sharing a few stats. The YouTube Team writes:
When YouTube’s site first launched in May 2005, we never could have imagined the endless ways in which you would inspire, inform and entertain us every day.
Today, more than 100 hours of video are uploaded to YouTube every minute. That’s more than four days of video uploaded each minute! Every month, more than 1 billion people come to YouTube to access news, answer questions and have a little fun. That’s almost one out of every two people on the Internet.
They also mention that millions of partners are creating content for YouTube.
There are certainly plenty of things on the horizon for the site. It recently introduced YouTube Subscriptions, where users can subscribe to channels starting at $0.99 per month, which could be the beginning of something much bigger for YouTube.
The company also announced a new way for businesses to get more out of YouTube last week at Google I/O, which could be the beginning of something else much bigger in ecommerce.
New YouTube channel designs are rolling out to everyone on June 5th. Last week, YouTube channels in good standing with over 1,000 subscribers became eligible for live streaming.
Check out the YouTube Trends Map to track current video popularity.