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YouTube reaches out to the podcast industry and offers financing to creators

The podcast are trendy. This is probably the most consumed type of content on streaming platforms along with series.

Yes OK Apple Music and Spotify are the most outstanding services in this market, in the last hours the incorporation of another related competitor has been announced. Youtubethe popular video site owned by Google, has revealed plans to enter the podcast business, but will do it his way.

According to a Bloomberg article, YouTube wants to attract podcasters and podcast networks to be part of its platform to create video versions of different shows.

To achieve this, the site offers financing of USD$50,000 for individual podcasts and from USD$200,000 to USD$300,000 to fund podcast networks.

This ad is part of YouTube’s strategy to compete directly with the aforementioned platforms, and give importance to podcasts.

It should be remembered that YouTube has already made decisions that point in this direction. Google’s platform recently stopped charging Canadian users to listen to a program in the background, which is only available to subscribers. Premium.

Another related aspect is the growing business of podcasts. According to Chartable, In 2020 alone, two new podcasts are created every minute across the globe, which equates to about 17,000 per week.

5 YouTube Gaming Monetization Methods

1.Shorts

The fund for creators of Shortsfrom YouTube Gaming, which will distribute USD $ 100 million during 2021 and 2022, is being a success. Every month, YouTube invites thousands of creators to request a payment from the fund; creators can earn between $100 and $10,000 depending on the audience and participation of their shorts.

The Shorts Fund is the first step in the journey towards creating a monetization model for short films on YouTube and is not limited to creators in the YouTube Partner Program only; any creator who meets the eligibility criteria can participate.

2. Partner with YouTube and monetize ads

Ads have been the mainstay of revenue for content creators and continue to be the number one source from which content creators can earn money on YouTube.

Creators receive the majority of revenue generated from ads on YouTube and YouTube Gaming.

3. YouTube Premium

YouTube Premium is a paid membership option that allows subscribers to enjoy ad-free content, background playback, downloads, and premium app access Youtube music.

Most of the revenue from subscriptions goes to platform partners. For content creators, when a subscriber is a YouTube Premium member, they also have privileges with a streamer at the time of their stream.

4. Super Chat

Fans who watch live streams and premieres can purchase a Super Chat – a featured message in the chat stream that stands out from the crowd to further attract the attention of your favorite creator.

5. Super Thanks

Viewers can now thank and like uploaded videos, through Super Thanks.

As a bonus, fans will be able to receive a distinctive and colorful comment to highlight the purchase, which creators can respond to.

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