Who owns Google and YouTube?

May 18, 2024

Who owns Google company and YouTube? We have gathered all the interesting information for you. The creators of the site are "yesterday's students", and today some of the most talented and highly paid programmers in the world Steve Chen, Chad Hurley and Jawed Karim.

YouTube owner

Answering the question ‘who owns YouTube?’ - it is worth starting with the fact that the project has several owners. The creators of the site are "yesterday's students", and today some of the most talented and highly paid programmers in the world Steve Chen, Chad Hurley and Jawed Karim.

YouTube Video Portal was launched in February 2005. Now about a hundred million video files are viewed daily. According to Comscore World Metrix, YouTube’s August audience was 72 million users.

In 2008, Steve leaves the position of director of technology, making Hurley the only “ancestor” of hosting, who works in Google. However, this did not last long. In October 2010, during the Dublin Technology Conference, Chad also announces his departure. At the same time, he does not relinquish his duties as a consultant, saying that he has performed this function over the past few years. The post of executive director goes to Salar Kamangar, Google’s vice president of Internet product management, who has overseen YouTube since 2008.

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YouTube is a subsidiary of Google, the largest video hosting in the world. Each month its content is viewed by approximately → 1.1 billion users. Currently, the project generates revenue in 3.4 billion dollars annually.

Popular search engine, Google, announced the purchase of video service YouTube. Both companies exchanged shares in the amount of 1.65 billion dollars. At the end of the transaction in 2006, YouTube retained its trademark, reinforcing and complementing Google’s video services. In exchange, Google placed its ads on YouTube. Google did not provide details on running costs on YouTube. In June 2008, Forbes magazine reported revenue of $ 200 million, noting progress in advertising sales. This was reported in a press release from Google itself. So still Google owns YouTube.

Since them the revenue has only increased as the audience of viewers becomes bigger every day.

Google owner

The company was founded by Larry Page and Sergey Brin. It was first registered as a private company on January 4, 1996, and on August 19, 2004 it began selling its shares in the stock market. Then Larry Page, Sergey Brin and Eric Schmidt agreed to work together in Google business for twenty years, until 2024. From the very beginning, the stated mission of the company was “organizing world information, ensuring its accessibility and benefits for all”, and the company's unofficial slogan, invented by Google engineer Paul Bactey: “Do not be evil!”

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Lawrence Edward (Larry Page) is a developer and co-founder (with Sergey Brin) of the Google search engine.

On April 4, 2011, he became Google’s chief executive again, replacing Eric Schmidt in this post, after his resignation as Google’s CEO in August 2001. He announced his intention to resign for the second time in July 2015 to become CEO Alphabet, at the head of which the assets of Google will be reorganized. Led by Paige Alphabet seeks to achieve significant success in various industries.