Theravāda Buddhism can be seen both as very old and very new. We'll go over the ways Theravāda has roots in the earliest forms of Buddhism, as well as the way it may be a very recent form of religious identity. This is a huge topic and so the video should only be seen as the barest introduction!
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Some source material that may be of interest for further reference:
Rupert Gethin, “Was Buddhaghosa a Theravādin?” In How Theravāda is Theravāda? Peter Skilling et al. (eds.) (Silkworm, 2012).
Richard Gombrich, Theravāda Buddhism, 2nd ed. (Routledge, 2006): https://amzn.to/2IfpWqm
Todd LeRoy Perreira, “Whence Theravāda? The Modern Genealogy of an Ancient Term.” In How Theravāda is Theravāda? Peter Skilling et al. (eds.) (Silkworm, 2012).
http://ajahnsucitto.org/articles/what-is-theravada-2012/
https://philosvids.wordpress.com/2017/06/02/buddhism-series-what-is-theravada-buddhism/
https://en.wikipedia.org/wiki/Early_Buddhist_schools
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