We must admit, given all the trickery going on today we didn't quite believe it when we heard it, but it's true: YouTube has won a Peabody Award. The Peabody Awards recognize outstanding achievements in electronic media, including radio, television and cable. Naturally, we are extremely honored to receive this prestigious accolade. But it goes without saying that this honor truly belongs to you, the YouTube community and everyone who contributes their hard work and creativity to the site every day. Best, The YouTube Team

With things like Release Notes, we're focusing on sharing our philosophy behind changes on YouTube to give you a better understanding of why we make certain product decisions. We review the emails, blog post comments and Tweets you send our way, and want to thank all of you who wrote in to share your opinions. Today, we are beginning to roll out the new watch page. The update will begin with videos on the home page -- go to www.youtube.com, click on any video featured, and you'll get dizzy with excitement. We think you'll find that the new watch page makes it even easier for you to view content while doing the Exorcist Walk or a headstand. It also gives you even more control over picture quality -- our internal tests have shown that modern computer monitors offer better picture quality when flipped upside-down. Below are some of the features we're most excited about. Real-Time Topsy-Turvyness The biggest part of the new watch page is the real-time disorientation you'll get when you've clicked on a video from the home page. The new watch page lets you know what's happening right now in your world -- and it feels kinda funny. The page also makes it simpler for you to view content in the southern hemisphere (or, if you live in the southern hemisphere, then you should head north for the optimum viewing experience). The Escape Route One of the important things to remember about the page is that you might get a neck ache. That's why there's an improved Escape Route. It makes it easy to say, "Whoa, I prefer the old-fashioned layout!" So anytime your neck starts to hurt, you will know there's an out. Discovering Fun The final piece of the new watch page is the Laughs we get in confusing you on April Fool's Day. Affectionately yours, The YouTube Team

As you might have already heard, today we are pleased to announce that short-form content from the Disney/ABC Television Group, including ABC Entertainment, ABC News, ABC Family and SOAPnet, and ESPN is coming to YouTube, bringing an even greater audience to much-loved shows. Over on ABC's YouTube channel, which officially launches in early May, you'll find clips of popular prime-time shows like Lost, Desperate Housewives and Grey's Anatomy, as well as behind-the-scenes footage, celebrity interviews, online-only specials and a lot more. This video gives the 411 in under a minute: <object width="480" height="295"><param name="movie" value="http://www.youtube.com/v/_vTUwC0tziY&amp;hl=en&amp;fs=1"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed src="http://www.youtube.com/v/_vTUwC0tziY&amp;hl=en&amp;fs=1" type="application/x-shockwave-flash" allowscriptaccess="always" allowfullscreen="true" width="480" height="295"></embed></object> ESPN's YouTube destination officially launches in mid-April, but if you go there now you can get a preview of the kinds of sports videos that will be uploaded to the channel: Sportscenter highlights, sports chatter from Bobby Knight, exclusive interviews with athletes like T.O. and, of course, the crazy commentary of Dick Vitale. In addition, ESPN's own Video Player will be integrated into the page, allowing fans access to the features and functionality that are already familiar to them. There will be more short-form content available through the YouTube player on the page. Best, Nick Mehra Strategic Partner Development The YouTube Team