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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.
In November 2006, it was bought by Google for US.65 billion.
The site allows users to upload, view, rate, share, add to favorites, report and comment on videos, and it makes use of Web M, H.264/MPEG-4 AVC, and Adobe Flash Video technology to display a wide variety of user-generated and corporate media videos.
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".
The vast majority of its videos are free to view, but there are exceptions, including subscription-based premium channels, film rentals, as well as You Tube Red, a subscription service offering ad-free access to the website and access to exclusive content made in partnership with existing users.
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.