Everyone’s favorite video sharing site, YouTube, celebrating its 8th birthday. The journey that begin on May 2005, to become the world’s biggest and most popular video sharing site owned by Google.
YouTube through their official blog revealed that in every minute its users upload more than 100 hours of video, that’s more than four days of video uploaded each minute. With this margin of video uploaded, more than 1 billion people come to YouTube every month to watch them all. That’s almost one out of every two people on the Internet.
Back in 2012, YouTube had 72 hours of video uploaded every minute and 800 million users accessing YouTube every month around the world. This year the figures jumped to reveal how popular and incredible YouTube is.
“Over the years, you’ve continued to surprise and delight us. And the past year was no exception. Who would have guessed that a tux-rocking K-pop star would shatter records left and right or that Sesame Street would go global with 1 billion views? That’s one of our favorite things about our global audience: you’re as unpredictable as you are creative and irreverent. ” commented The YouTube Team in its official blog.
Recently only YouTube started offering paid channels as a pilot program for a small group of partners with a subscription fees starting at $0.99 per month. YouTube paid subscription based service empowers creators to take their channels to the next level, opening up a bigger revenue stream other than usual video ads.
Earlier YouTube also launched Movie rental and Purchase service in India, providing users a range of movie rental or buying choice between English, Hindi, Telugu, Tamil, Marathi, Kannada, Punjabi, Gujarati, Bengali, Malayalam and World cinemas.