PGA's Vanguard to YouTube duo

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YouTube founders Chad Hurley and Steve Chen will be honored in February with the Producers Guild of America's Vanguard Award.

The prize recognizes outstanding achievement in new media and technology.

"YouTube has connected its global audience to the production and viewing of some of the most innovative content available," PGA co-chairs Hawk Koch and Mark Gordon said. "Chad and Steve had an idea that became a permanent part of the lexicon of our world."

The PGA credits YouTube CEO Hurley and chief technical officer Chen with creating a site that allows people to create and share videos globally. The duo launched the site in 2005 and within a year sold it to Google for $1.65 billion.

YouTube was deemed invention of the year by Time magazine and entertainer of the year by Entertainment Weekly. Chen and Hurley have received several honors, including Fortune magazine's most powerful people in business.

"We are so proud that the millions of people who embraced YouTube have helped change the way media is consumed," Hurley said. "We share this award with them -- the creators and our users."

Chen said receiving the award is an honor.

"Every day, I am surprised by the community's creativity and innovation, and it is with this in mind that we accept this award," he said.

Previous Vanguard Award recipients include Will Wright, George Lucas and James Cameron.

The two will accept their awards Feb. 2 at a ceremony at the Beverly Hilton. Also being honored during the ceremony are Alan Horn (Milestone Award), Kathleen Kennedy and Frank Marshall (David O. Selznick Achievement Award in Theatrical Motion Pictures), Dick Wolf (Norman Lear Achievement Award in Television), Simon Fuller (Visionary Award) and "The Great Debaters" (Stanley Kramer Award).
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