Are you a content creator on YouTube struggling to gain more subscribers? Well, now the Google-owned video company has decreased the minimum subscriber count from 1000 to 500. YouTube is making huge changes to monetization policies to give more opportunities to smaller creators on the platform. The company has announced that it is reducing the eligibility requirements for the YouTube Partner Program and expanding the range of monetization methods available to creators with smaller followings.
Previously, creators had to meet certain criterias to join the YouTube Partner Program and monetize their content. However, under the new policy, creators will only need to have 500 subscribers to be eligible, which is half the previous requirement. Along with thatthe watch hour criteria has been lowered from 4,000 to 3,000, and the requirement for Shorts views has been reduced from 10 million to 3 million. These updated requirements will initially be implemented in the United States, United Kingdom, Canada, Taiwan, and South Korea.
While smaller creators will now have more opportunities to monetize their content on YouTube, they will still need to grow their audience and meet certain benchmarks to earn ad revenue. The existing requirements for revenue sharing will remain unchanged, but creators who have already qualified for the YouTube Partner Program will not need to reapply once they meet the higher thresholds.
YouTube has been actively encouraging creators to generate revenue through its ad revenue sharing program, particularly with the introduction of an ad revenue sharing program for Shorts, the platform’s short-form content. By allowing creators to monetize their content, YouTube aims to incentivize them and further enhance its short-form content offerings.
Similar to YouTube, other platforms like TikTok have also made efforts to support creator monetization. TikTok recently announced that its video paywall feature called Series would be available to creators with over 10,000 followers, but those with 1,000 followers who meet additional requirements can also apply. This feature enables creators to offer premium content that fans can pay to access.Furthermore, YouTube is expanding its shopping affiliate program, which was previously available only to select creators by invitation. Now, YPP participants in the US with at least 20,000 subscribers can also access this program, allowing them to earn through affiliate marketing and product promotion.
These updates from YouTube and other platforms represent a positive shift toward supporting smaller creators and diversifying monetization options, enabling them to generate income and sustain their creative endeavors.
Published By:
Ankita Chakravarti
Published On:
Jun 14, 2023
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