You can be on Entrepreneur’s cover!

The Business of YouTube (Infographic) A look at the evolution of the video-sharing site as a marketing tool.

By Kevin Allen

entrepreneur daily

This story originally appeared on PR Daily

I can't recall the first viral YouTube video I watched, and I can't recall exactly how (or in what format) we shared the Internet's most legendary videos before the service launched in 2005.

Considering how much the site has evolved since then—I mean, we have "YouTube celebrities" now—it's only fitting that as the site turns 10 years old, we should take a look at YouTube as a business (and vehicle for PR and marketing).

One of the more staggering statistics that speaks to the site's ubiquity is that 61 percent of Americans had watched 75.6 million videos, and that number has only grown since January 2014.

Even more mind-blowing than that? More than 100 hours of video are uploaded to YouTube every minute.

From its initial days of rapid growth and dealing with piracy, to its sale to Google in 2006 for $1.65 billion and copyright wars, new advertising models, and now pay-to-watch content, it's been incredible to watch YouTube's journey. It's the quintessential story of the Digital Age tech company, and my guess is that it's only getting started.

For more eye-popping YouTube stats and figures, check out the Syracuse University infogrpahic (which, we'll note, is a couple years late with the date of YouTube's launch) below.

Kevin Allen is a contributor to PR Daily.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Business News

Samsung Makes 6 Day Workweeks Mandatory for Executives as the Company Enters 'Emergency Mode'

Samsung said its performance "fell short of expectations" last year. Now executives are required to work weekends.

Leadership

You Won't Have a Strong Leadership Presence Until You Master These 5 Attributes

If you are a poor leader internally, you will be a poor leader externally.

Business News

I Tried Airchat, the Hottest New Social Media App in Silicon Valley — Here's How It Works

Airchat is still invite-only and prioritizes voices with no option to upload photos or write text, making it feel more human than Facebook or Reddit.

Growing a Business

They Designed One Simple Product With a 'Focus on Human Health' — and Made $40 Million Last Year

Marilee Nelson, Allison Evans and Kelly Love founded cult-favorite cleaning brand Branch Basics in 2012.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.