response: Yes, Google decided to buy it for US $1.65 billion. YouTube is now a part of Google's subsidiaries.
original_response: Yea to think google bought it only one year later for over a billion dollars, pretty insane but a good purchase.
history: I love watching youtube videos, when i start i cannot stop its like a endless recommendation loop :D Indeed, it was made by former PayPal employees in February 2005. Yes, its the most viewed multimedia place, if you can call it that way, in the world!
knowledge: Google bought the site in November 2006 for US$1.65 billion; YouTube now operates as one of Google's subsidiaries.