You Tube was founded in 2005 by Chad Hurley, Steve Chen and Jawed Karim. People can post short videos for private or public viewing. Google acquired You Tube in 2006 for $1.65 billion. The site has over 70 million visitors a month. Because you cannot download anything, just flash technology, the site has been about to avoid any major legal problems. If a video breaks copy write law or is disturbing, viewers can simply ask to have it removed. In 2007 You Tube launched nine international sites. With all the increase in traffic came new problems. It was becoming more and more expensive to run the site. You Tube ran banner type ads to help supplement the growing cost of new equipment to be able to post so many videos. Finally, deals were struck with MTV, E! Network, Dimension Films and NBC. With Google as a backer, You Tube will be enjoyed by anyone with access very soon.
We really should think about making a YouTube video advertizement about our company and why customers should choose us!
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