Written By: Maggie Brown (maggiethe_journalist)
YouTube has recently announced that channels with 500 subscribers are now eligible to earn money on their platform by cutting the monetization eligibility requirement amount in half.
The popular social media, and video sharing app made the change in its monetization policy to become more inclusive towards smaller creators while also giving them a chance to thrive on the platform, plus make money.
The previous eligibility for monetization requirement was 1000 subscribers, which hindered many users from being able to use the platform and it’s tools to their fullest potential.
In addition to changing the subscriber count eligibility, the platform made a few more changes to assist smaller creators in their monetization efforts by,
– lowering the watch hour criteria from 4000 hours to 3000 hours
– lowering the eligibility view count from 10million to 3 million
Although YouTube has changed a few of the its policies to favor smaller creators, everyone is still required to ensure that their content has a broad reach in order to generate money via ad revenue.
YouTube plans to launch it’s changes in the United States, the United Kingdom, Taiwan and South Korea, first followed by other regions at a later date.