YouTube seeks to increase the income of smaller producers.
How lovely! but firstly, you need to understand what youtube is.
What Do you Understand by Youtube
YouTube is an American online video sharing and social media platform headquartered in San Bruno, California, United States. Accessible worldwide, it was launched on February 14, 2005, by Steve Chen, Chad Hurley, and Jawed Karim. It is owned by Google and is the second most visited website, after Google Search.
This week, it was revealed that the requirements for several monetization services will be lowered in order to extend the YouTube Partner Program.
This upgrade is applicable to channels with at least 500 subscribers, three recent uploads, 3,000 watch hours, or three million views of short videos.
When your channel reaches this amount, the following monetization tools become available:
- Memberships in channels
- Great Chat
- Awesome Stickers
- Thank you very much for using YouTube Shopping to market your own items.
These new monetization tools are already beginning to roll out to channels in the US, UK, Canada, Taiwan, and South Korea, according to YouTube.
There was no mention of upgrading requirements for ad revenue split, which is unfortunate because this move is beneficial for smaller producers who are searching for new methods to monetize their material on the site.
This implies that in order to be eligible for an ad income split, you will still need 1,000 members and either 4,000 watch hours (for long-form films) or 10 million views for Shorts.
Are you enthusiastic about these adjustments if you’re a tiny creator who hasn’t met the conventional monetization requirements?
Do you think they won’t have much of an effect on your revenue as a creator, or vice versa?
Comment below with your thoughts and let us know.