Wednesday, April 24, 2013
Started in 2005 by Chad Hurley, Jawed Karim and Steve Chan, Youtube is currently
world’s most popular video sharing website. From video clips of cats fighting
with dogs shot with cellphones to professionally produced movie trailers, the
site hosts it all. According to Google, which bought the website in 2006, over
800 million users visit YouTube every month, over three billion hours of videos
are watched every month and over 72 hours of video content is uploaded every
minute. In the recent years, the website has tried to attract more professional
video content producers. It has tied up with several Hollywood studios and gives
people a share in the advertisement revenue if they sign up for the Youtube
partner programme to produce exclusive content for the website. With its reach
and popularity, it has also emerged as a repository of first-person account. For
example in the case of 2011 tsunami in Japan, videos shot by amateur people
appeared on Youtube minutes after the disaster. At the same time, its growing
popularity has forced it to deal with several contentious issues like copyright
infringement, which is considered to be rampant on the website as users often
upload copied video content without any regard for the rights of original
producers
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