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Karim could not easily find video clips of either event online, which led to the idea of a video sharing site.According to a story that has often been repeated in the media, Hurley and Chen developed the idea for You Tube during the early months of 2005, after they had experienced difficulty sharing videos that had been shot at a dinner party at Chen's apartment in San Francisco.You Tube also released You Tube Music, a third app oriented towards streaming and discovering the music content hosted on the You Tube platform.On May 17, 2018, You Tube announced the re-branding of You Tube Red as You Tube Premium (accompanied by a major expansion of the service into Canada and 13 European markets), as well as the upcoming launch of a separate You Tube Music subscription.According to You Tube, this was the first worldwide free online broadcast of a major sporting event.On March 31, 2010, the You Tube website launched a new design, with the aim of simplifying the interface and increasing the time users spend on the site.At the time of the official launch, You Tube did not have much market recognition.The week of You Tube's launch, NBC-Universal's Saturday Night Live ran a skit "Lazy Sunday" by The Lonely Island.

The app is designed to provide an experience optimized for children.It features a simplified user interface, curated selections of channels featuring age-appropriate content, and parental control features.In October 2015, You Tube announced You Tube Red (now You Tube Premium), a new premium service that would offer ad-free access to all content on the platform (succeeding the Music Key service released the previous year), premium original series and films produced by You Tube personalities, as well as background playback of content on mobile devices.Karim did not attend the party and denied that it had occurred, but Chen commented that the idea that You Tube was founded after a dinner party "was probably very strengthened by marketing ideas around creating a story that was very digestible".You Tube began as a venture capital–funded technology startup, primarily from an .5 million investment by Sequoia Capital and an million investment from Artis Capital Management between November 2005 and April 2006.

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