ClipBucket is a video hosting script. With the help of ClipBucket, you will be able to create a site similar to that of YouTube.
You can install ClipBucket using Softaculous from within ClipBucket. It is also possible to install the script manually by uploading relevant files via FTP and running the installer.
As you can see, the video examines subdomain creation and the steps required to install ClipBucket via Softaculous. You should take care to ensure that the script gets installed on the correct domain/subdomain.
There is no need to separately create a database and corresponding user since CPanel will automatically create them during installation. You need to provide administrator login credentials which you can modify after installation.
You will also learn the steps to be followed to manually install ClipBucket. It involves downloading and uploading the package files in addition to execution of installer. The video also covers a tip with which you can easily extract the contents of ClipBucket package ZIP file.