![\"Youtube](\"https:\/\/bejone03.expressions.syr.edu\/trf235\/files\/2014\/10\/YouTube-logo-full_color.png\"){kind=logo}
<\/a>Youtube Logo\u00a0[1]<\/a><\/p><\/div>\n Co-Founder: Chad Hurley [8]<\/a><\/p><\/div> Co-Founder: Steve Chen [9]<\/a><\/p><\/div> Co-Founder: Jawed Karim [10]<\/a><\/p><\/div><\/p>\n YouTube CEO: Susan Wojciki [2]<\/a><\/p><\/div> YouTube Chief Business Officer: Robert Kyncl [3]<\/a><\/p><\/div><\/p>\n Google Acquired YouTube in late 2006\u00a0[7]<\/a><\/p><\/div>\n YouTube<\/a> is a worldwide video sharing company, which was launched in April 14, 2005 by three former PayPal<\/a> employees [4]<\/a>. \u00a0Soon after their launch, Google<\/a> purchased the company for $1.65 billion, making it the most expensive acquisition<\/a> for Google at that time\u00a0[5]<\/a>. \u00a0YouTube now operates as a subsidiary of Google<\/a>. \u00a0Since it’s launch, YouTube popularity has skyrocketed, serving as the premier destination to post videos,\u00a0and creating a network of channels with a significantly easier barrier of entry compared to more established mediums. \u00a0Youtube has positioned itself as a significant competitor to traditional media,\u00a0with the coveted 18-49 year-old market accessing YouTube’s mobile site than any cable television network\u00a0[6]<\/a>. \u00a0Many established networks and personalities now use YouTube as an extension to reach a much wider audience, such as \u00a0The Ellen Show<\/a><\/em> and The Tonight Show Starring Jimmy Fallon<\/a><\/em>. \u00a0With YouTube’s massive popularity, especially with the younger demographic, much of the company’s recent actions focus on profiting on their large user base.<\/p>\n Google’s Stock plummeted after its Q1 Earnings Report in mid\u00a0April\u00a0[14]<\/a><\/p><\/div>While Google is a publicly traded company, it is unclear what effect YouTube has on their stocks. \u00a0Google has never released the earnings of YouTube and many have speculated that the web service has focused on building a strong user base rather than creating a profit [11]<\/a>. \u00a0Despite YouTube announcing it’s paid subscription plan, YouTube Red<\/a>, a vast majority of YouTube’s revenue comes from advertisements, taking 45% of profits from every video allowing ads [12]<\/a>. \u00a0However,\u00a0within the past few months, Google’s stock<\/a> (now known as Alphabet<\/a>, but still retaining the GOOG stock market tag) has fluctuated wildly especially with the April release of their First Quarter 2016<\/a>\u00a0results, reporting a disappointing net income of $5.25 billion [13]<\/a>. \u00a0These earnings were more than $310 million less than average expectations, causing nearly a 5% drop in stock within 24 hours of the earnings release. \u00a0Much of this can be attributed to spending that increased nearly 27%, focusing on improving YouTube’s servers and content acquisition for YouTube Red that was released in February 2016 [14]<\/a>. \u00a0While these numbers might be disappointing, the company seems to be doubling-down on its approach to attract viewers now, and worry about profits later, and it does seem unlikely that this will have a lasting effect on Google’s entire stock.<\/p>\n YouTube Red, announced in late 2015, was the company’s attempt to launch into the paid subscription market. \u00a0For $9.99\/month users are able to view videos without advertisements, download videos, receive a free subscription to Google Music, and gain exclusive content [15]<\/a>. \u00a0While there was some controversy, YouTube released the first round of their exclusive content, to very mixed results, in February 10, 2016.<\/p>\nThe Founders<\/strong><\/span><\/h2>\n
<\/a><\/a><\/a>Current Key Executives<\/strong><\/span><\/h2>\n
<\/a><\/a>YouTube Overview & History<\/strong><\/span><\/h2>\n
<\/a>Finances<\/strong><\/span><\/h2>\n
<\/a>YouTube Red<\/strong><\/span><\/h2>\n