It's a parked domain, specifically a typo squatted parked domain registered at a 1 year renewall by something called DropCatch. You can find all this in their whois.
Likely some scamvertising service parked the domain trying to hit people who typo YouTube.com.
EDIT: It's not even something special. You get the same shit out of giigle.com, a clear typosquat of google.com. Common practice really.