Youtube Owner: Who is owner of YouTube

Youtube Owner: Have you ever wondered who owns YouTube, the largest video-watching platform on the internet? In this article, we will provide information on the ownership of YouTube and delve into some related questions, such as: Who founded YouTube? What was the motivation behind creating the platform? And where does the revenue generated by YouTube go?

Who is owner of YouTube in January 2024

Current Owner of YouTube:

YouTube is currently owned by Alphabet Inc., a holding company that also owns Google and other subsidiaries. Alphabet acquired YouTube in November 2006 for US$1.65 billion in stock.

Founders:

While Alphabet is the current owner, it’s important to acknowledge the founders of YouTube. They were Chad Hurley, Steve Chen, and Jawed Karim, all former employees of PayPal. They launched YouTube in February 2005 and grew it into a popular platform before selling it to Google.

Shareholding Details

Since YouTube is a subsidiary of Alphabet, its shares are not individually traded. It’s important to understand the shareholding structure of Alphabet to get a sense of indirect ownership of YouTube:

  • Class C Shares: These are the publicly traded shares of Alphabet, available on major stock exchanges. As of January 3, 2024, there are approximately 695.72 million Class C shares outstanding.
  • Class A Shares: These shares have special voting rights and are held by Google co-founders Larry Page and Sergey Brin, as well as other key executives. There are a much smaller number of Class A shares compared to Class C, but they hold significantly more voting power.

Therefore, while individuals cannot directly own shares of YouTube, they can invest in Alphabet Inc. (Class C shares) and indirectly gain exposure to YouTube’s performance. The value of Class C shares will be influenced by, among other factors, the performance of YouTube and its contribution to Alphabet’s overall revenue and profitability.

Key Takeaways:

  • YouTube is currently owned by Alphabet Inc.
  • Alphabet acquired YouTube in 2006 for US$1.65 billion.
  • YouTube’s shares are not directly traded, but you can invest in Alphabet (Class C shares) for indirect exposure.
  • The value of Alphabet’s shares is influenced by YouTube’s performance, among other factors.

Youtube Owner

YouTube is a video-sharing platform owned by Google. The company was founded by three former PayPal employees, Chad Hurley, Steve Chen, and Jawed Karim, in 2005. The service was purchased by Google in 2006 for $1.65 billion. YouTube is based in San Bruno, California, United States. The platform allows users to upload, view, and share videos, as well as to subscribe to channels and make playlists. Revenue from YouTube comes from a variety of sources, including advertising, merchandise sales, and subscription fees.

Google’s ownership of YouTube has allowed the platform to expand its business model beyond generating revenue solely from advertisements. In addition to offering paid content such as movies and exclusive content produced by YouTube, the platform also offers YouTube Premium, a subscription option that allows users to watch content without ads. YouTube also allows creators to participate in Google’s AdSense program, which aims to generate additional revenue for both parties. In 2020, YouTube reported revenue of $19.8 billion, and in 2021, the platform’s annual advertising revenue increased to $28.8 billion.

Conclusion

I hope this detailed explanation clarifies YouTube’s ownership structure and provides insights into shareholding aspects.