In Feb 2005, the three PayPal employees launched a beta test version of a Web site named as YouTube. They designed this site to let people share videos with rest of the world. After that In November 2005, Sequoia Capital invested more than $3 million in this site, and later a month YouTube emerged as fully fledged web destination. It did not take long for the site to become very popular, and in November 2006, the Internet search engine goliath Google purchased YouTube for $1.65 billion. As the company has grown early, so has the scope of videos on this site.
In early days of YouTube, you could find videos showing interesting locations, crazy stunts and hilarious pranks. You can still find that sort of the content’s today, but you'll also see musical performances, political debates , instructional videos and unfiltered war footage, educational & inspirational videos. In 2007, YouTube also provided members with a way to interact with potential United States presidential candidates. The members of YouTube submitted video questions and CNN featured some of them are in Democratic and Republican candidate debates.
YouTube has also become the center of several controversies, One of the most publicized controversies involves in copyright infringement. YouTube does not prescreen the videos before they appear on the site members upload thousands of videos every day. And sometimes, YouTube members will also upload television shows & clips from movies to share with other people. If the YouTube member does not own the copyright to that material, there could be trouble.
Another controversy is currently brewing in the YouTube that is community itself the battle between online corporations and community. YouTube has formed partnerships with major television studios like NBC, BBC and the CBS, and with the organizations like Universal the National Basketball Association, Music and the National Hockey League. Notable celebrities have also joined YouTube. Some YouTube members feel that these wealthy organizations and individuals are squeezing out the average contributor. They argue that average user videos are competing with people and organizations that have huge budgets and extensive resources, and some members suggest that these groups and celebrities are using underhanded methods to ensure their videos rise to the top of YouTube's various video lists.