Practical online video hosting and
video streaming was made possible by advances in
video compression, due to the impractically high bandwidth requirements of
uncompressed video. Raw uncompressed
digital video has a
bit rate of 168
Mbit/s for
SD video, and over 1
Gbit/s for
full HD video. The most important
data compression algorithm that enabled practical video hosting and streaming is the
discrete cosine transform (DCT), a
lossy compression technique first proposed by
Nasir Ahmed, T. Natarajan and
K. R. Rao in 1973. The DCT algorithm is the basis for the first practical
video coding format,
H.261, in 1988. It was followed by more popular DCT-based video coding formats, most notably the
MPEG and
H.26x video standards from 1991 onwards. The
modified discrete cosine transform (MDCT) is also the basis for the
MP3 audio compression format introduced in 1994, and later the
Advanced Audio Coding (AAC) format in 1999.
Video hosting sites The first Internet video hosting site was ShareYourWorld.com. Founded in 1997, it allowed users to upload clips or full videos in different file formats. However,
Internet access bandwidth and video
transcoding technology at the time were limited, so the site did not support video streaming like YouTube later did. ShareYourWorld was founded by Chase Norlin, and it ran until 2001, when it closed due to budget and bandwidth problems. Founded in October 2004,
Pandora TV from
South Korea is the first video sharing website in the world to attach advertisements to user-submitted video clips and to provide unlimited storage space for users to upload their own clips. The company has developed an auto-advertisements system that automatically inserts advertising to the clips posted to the website. It was founded in the
Gangnam District of
Seoul.
Video streaming platforms , it is the largest video sharing platform, with 2.7 billion
monthly active users.
YouTube was founded by
Chad Hurley,
Jawed Karim and
Steve Chen in 2005. It was based on video transcoding technology, which enabled the video streaming of
user-generated content from anywhere on the
World Wide Web. This was made possible by implementing a
Flash player based on
MPEG-4 AVC video with AAC audio. This allowed any
video coding format to be uploaded, and then transcoded into
Flash-compatible AVC video that can be directly streamed from anywhere on the Web. The first YouTube
video clip was
Me at the zoo, uploaded by Karim in April 2005. YouTube subsequently became the most popular online video platform, and changed the way videos were hosted on the Web. The success of
YouTube led to a number of similar online video streaming platforms, from companies such as
Netflix,
Hulu and
Crunchyroll. Within these video streaming platforms like Netflix, Hulu, and YouTube, there are privacy concerns about how the websites use consumers' personal information and online behaviors to advertise and track spending. Many video streaming websites record semi-private consumer information such as video streaming data, purchase frequency, genre of videos watched, etc. ==See also==