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The vast audience has meant YouTube's owner, Google, has another massive lucrative channel for selling online ads on top of its traditional internet search engine.
Google bought YouTube for US$1.76 billion back in 2006, when the video site had an estimated 50 million users worldwide.
YouTube was originally created by three former PayPal employees in February 2005, and most of the content on YouTube has been uploaded by individuals, although media corporations including CBS, the BBC, Vevo, Hulu, and other organizations offer some of their material via the site, as part of the YouTube partnership program.
The most popular video of all-time on YouTube is of course Psy’s Gangnam Style, which has well over a billion views itself.