Everyone is familiar with the name YOUTUBE and it has about 10 billion users till now and it is one of the biggest sources of entertainment, moreover, you need more than 1000 years to watch all videos on Youtube, but it cannot be possible because the rate of uploading videos on Youtube increases daily. YouTube was founded by the three former PayPal employees in the year 2005 after they found the huge growth in music video sharing industry. In 2006, YouTube was bought by Google for $1.65 billion and since then the site has grown into the gigantic source of entertainment, nowadays we can call it Youtube entertainment.
Many biggest media corporations in the world are now using the YOUTUBE entertainment to share their material as part of the YouTube Partnership program. Youtube has provided a separate channel to every single individual to share their video on the Internet and now many entertainment industries have their own Youtube channels. Companies are now recognizing the power of the website and just how much of an impact it has had on not only the entertainment industry but the media industry as a whole.
Mostly content that is uploaded on the YOUTUBE, comes from individuals all around the world, many of them consider YouTube their job and their channel a primary source of income. There is a common term that we often use for a person who has the youtube channel as “YOUTUBERS” because they have turned their videos into their careers and this impacted on the state of the entertainment industry drastically.
YOUTUBE entertainment industry now has over a billion users, with people watching hundreds of millions of hours of videos on the site every day. YouTube as a whole, even YouTube mobile app alone has now reached more 18-34 and 18-49-year-olds than any cable network in the United States of America.
The rise of the YouTubers has forced the rest of the media industry to view YouTubers as legitimate content creators and entertainers, recognizing their popularity and acknowledging them in the mainstream entertainment.
The most common way to make money on YouTube is the YOUTUBE Partnership scheme which allows YouTubers to monetize their channel with Google AdSense and by collaborating with companies on sponsorships and advertisement. YouTubers also regularly work with a wide range of different companies, receiving payment in exchange for advertising a brand, or their products. Sponsored videos and content created for promotional purposes are incredibly popular on YouTube.
Even the law is changing to incorporate YouTube culture into the everyday life and in 2014, it came in the limelight that ‘video bloggers or Vloggers’ are breaking the law if they fail to inform their viewers or subscribers that they are being paid to promote a particular product, according to the Advertising Standards Authority.
The Youtube Entertainment Industry is not only for watching videos but it has been also bringing the trend-setting era in our everyday life. Youtube has impacted many people’s lives by allowing to present the lifestyle of celebrities and what new they are doing and what is now the hot topic in the market. Last night I watched the video of MoVolgs and he used all those gadgets to create his videos, it was really incredible and amazing, by the way it all comes by watching Vlogs.
YOUTUBE is the multi-source of information.
We can use it as a source of entertainment.
We can use it as a source of education.
We can use it as a source of News.
We can use it as a source of helping people.
To keep up with the changing times and preferences of viewers, the entertainment continues to move online. People are busy now and as a result, have less time to spend on television.
Online entertainment is quicker, easier and more accessible, suits the needs of the average modern day person more than traditional entertainment.
Kind of innovative approach in the online industry but now most of the people creating content only for the online audience, not for TV viewers.
YouTube culture has now become so powerful that the biggest YouTubers are being considered celebrities in their own right. Events such as VidCon were created for the sole purpose of bringing YouTubers and their fans together.
YouTube Entertainment industry has mostly music artists like Troye Sivan, filmmakers like Shane Dawson, presenters like Grace Helbig and much more, and because of the following they have on YouTube, they exceed in the things they branch out into.
There is no denying that YouTube has become a legitimate source of entertainment for millions, all in just a decade. YouTube is now competing with some of the biggest television programs and it often wins in terms of views.
Some people believe that YouTube will become an all-encompassing entertainment service where the users will watch and listen and play as interactive experiences, with virtual reality incorporated into the website.
Others think YouTube will become the home of co-viewing and social television, where users will watch shows remotely with friends and chat about them afterward, all on the website.
However the website changes in the future, it’s clear to see that YOUTUBE has changed the entertainment industry forever.
Hey guys, go to my Youtube channel and please let me know whether you like my music videos and encourage me in comments that I should keep doing it. If you want some changes, please give me your feedback in the comment box below.