YouTube Turns 8 Years Old
YouTube launched 8 years ago today, and they are celebrating their eighth birthday!
The growth of YouTube has been significant over these short eight years. Now, every minute, over a 100 hours of video are uploaded.
Google acquired YouTube back on October 9, 2006 for $1.65 billion. Back then, that was the largest acquisition Google ever made. Since then, Google has only made two acquisitions larger than that purchase price: DoubleClick for $3.1 billion in 2007 and Motorola for $12.5 billion in 2011.
YouTube is one of the most searched properties, a top video consumption site and has made people into stars.
Happy Birthday YouTube!
(Some images used under license from Shutterstock.com.)
Discover what's up in the business of marketing each Friday.