If you are interested in opening a small budget website here is a script with which you can take your first step. You can start your site with Youtube Video Downloading website. Here is a PHP script with which you can make your own Youtube Video Downloading website in seconds.
How to use : Just download PHP script from here. Now upload all the 3 files and view the index.html file.
Just enter the URL of Youtube video and click on Get Video Link.
Demo site here : http://84-p.110mb.com/
Source : http://www.ngcoders.com/
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