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While YouTube's revenue-sharing "Partner Program" made it possible to earn a substantial living as a video producer—its top five hundred partners each earning more than $100,000 annually [271] and its ten highest-earning channels grossing from $2.5 million to $12 million [272] —in 2012 CMU business editor characterized YouTube as "a free-to ...
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Enabling a new way of earning a livelihood, YouTube's "Partner Program", an ad-revenue-sharing arrangement begun in 2007, grew by January 2012 to about 30,000 partners, its top five hundred partners each earning more than $100,000 annually and some earning "much more". [3]
The translation of the revenue share principles to mainstream e-commerce happened in November 1994, almost four years after the origination of the World Wide Web. [ citation needed ] The concept of affiliate marketing on the Internet was conceived of, put into practice and patented by William J. Tobin , the founder of PC Flowers & Gifts.
In certain cases, YouTube will pay creators a percentage of the advertising revenue for advertisements that are placed within and before or after videos. The approximate share of advertising revenue paid to the creators of monetized videos is reported to be 55%; in 2013, the average creator's income was estimated to be $7.60 per thousand views. [2]
This shift required YouTube to seek permission from its content creators and rights holders to allow their content to be part of the ad-free service; under the new contract terms, partners would receive a share of the total revenue from YouTube Red subscriptions, as determined by how much their content is viewed by subscribers. [10]
Revenue sharing is the distribution of revenue, the total amount of income generated by the sale of goods and services among the stakeholders or contributors.It should not be confused with profit shares, in which scheme only the profit is shared, i.e., the revenue left over after costs have been removed, nor with stock shares, which may be bought and sold and whose value may fluctuate.
The YouTube Original Channel Initiative was a $100 million program funded by Google in 2012 to bring original content onto YouTube. [1] [2] The original channel initiative was also meant to kick start Google TV. [3] The channels are collectively known as "original", "premium" or "YouTube funded" channels. Participants included: Madonna ...