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"[You Tube] had a big early lead and it looked like we were only getting bigger.It would only get more expensive as every day went by." That month, Hurley and Chen met with Yahoo execs at a Denny's in Redwood City.There was a bit of a feeling that we were cut short." Brodbeck recalls a celebratory dinner at TGI Friday after the news hit."Really you couldn't help but smile seeing how happy your friends and coworkers were. The growth was buoyed by increasing press attention.In mid-2006, You Tube was starting to get the attention of some of the top tech companies as well.Reisinger is represented by UTA, Kaplan/Perrone Entertainment, and attorney Eric Feig.You Tube's head of music confirmed that the company is planning on merging its Google Play Music service with You Tube Red to create a new streaming offering.
The merger has been rumored within the industry for months, and recently picked up steam after Google combined the teams working on the two streaming services earlier this year.
He pointed out that You Tube had inked deals with the top record labels. The average person is on You Tube for 17 minutes a session ... "We had a large discussion at one of the board meetings about interesting new companies and You Tube was discussed," he said.
"We have listened to our community and have built the most innovative and easy-to-use service in the industry." Hurley then segued into the part that everyone was wondering about, the stats: "More than 80 million videos are being watched every day on our site ... Every day 60% of videos are served from You Tube ... When Yu joined You Tube in September 2006, the company was fielding offers from Yahoo and others, including Google. — which owned My Space — all made overtures to You Tube.
There is nothing better than seeing genuine smiles on the faces of those you worked so closely with and care so much about," she said.
A more cynical view is that You Tube's founders cashed out just before the company was about to go under.