![]() ![]() In 2006, Google purchased YouTube for $1.65 billion, which expanded the site's business model to include paid content such as movies and exclusive content produced by YouTube, in addition to generating revenue from advertisements. Each day, users collectively watch over one billion hours of videos, and as of May 2019, more than 500 hours of content are uploaded to the platform every minute. With over 2.5 billion monthly users, it is the second most visited website globally, after Google Search. ![]() Located in San Bruno, California, YouTube is a social media platform that allows for online video sharing and is owned by Google.
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