this is nice recognition for the outstanding engineering on the youtube team:
Since YouTube’s founding in 2005, the world is surprised on a daily basis by the creativity, inspiration and passion that the planet’s most creative people bring to the YouTube platform. Each month, 1B people watch more than 6B hours of video. Each minute, creators upload 100 more hours for the world to watch. To meet this fundamental engineering challenge, the YouTube team has created new, innovative ways to upload, store, manage and deliver all kinds of video programming to viewers the instant they want to watch it.
YouTube’s parallel media transcoding engine and media processing framework provide for massive media processing capability with extremely low latencies. YouTube’s streaming infrastructure is a unique achievement that operates at unparalleled scale, globally. In the last year alone, their new “live” platform delivered coverage of 1200 live events from the 2012 Summer Olympics and scaled to deliver over 8M concurrent streams during the Red Bull Stratos Mission. As the world increasingly comes to the internet for high-quality, original content, YouTube’s Content ID platform allows copyright holders to manage whether and how their content appears on YouTube, providing those rights holders with an automated way of protecting and managing their rights and monetizing their programming on a global scale.
Together, these achievements have fundamentally changed the way an entire generation thinks of and experiences television.