YouTube Presents First Video Awards

From CBS News:

Move over Oscar and Grammy, there is a new award that celebrates the Martin Scorseses of cyberspace. Monday morning, YouTube announced the winners of it's first video awards.

Since its founding February 2005, YouTube, which is now a subsidiary of Google, has become a wildly popular phenomenon. Through YouTube, people upload and share videos on the Internet. It has become a forum for opinion, communication and entertainment —a launching pad for new celebrities.

Read the rest of the article and who the winners are here.

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