Founded in February 2005, YouTube is a consumer media company for people to watch and share original videos worldwide through a Web experience.
Everyone can watch videos on YouTube—both on and across the Internet. People can see first-hand accounts of current events, find videos about their hobbies and interests, and discover the quirky and unusual. As more people capture special moments on video, YouTube is empowering them to become the broadcasters of tomorrow.
What is YouTube?
YouTube is a place for people to engage in new ways with video by sharing, commenting on, and viewing videos. YouTube originally started as a personal video sharing service, and has grown into an entertainment destination with people watching more than 70 million videos on the site daily.
With YouTube, people can:

* Upload, tag and share videos worldwide
* Browse millions of original videos uploaded by community members
* Find, join and create video groups to connect with people who have similar interests
* Customize the experience by subscribing to member videos, saving favorites, and creating playlists
* Integrate YouTube videos on websites using video embeds or APIs
* Make videos public or private—users can elect to broadcast their videos publicly or share them privately with friends and family upon upload

Competing services include Google Video,MySpace, iFilm, MetaCafe, Veoh,, IFC Medialab and FBC V-Files.

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