Google's popular video platform YouTube has changed the monetization policy under its YouTube Partner Program (YPP). Soon content creators will be able to monetize their YouTube channel on completion of 500 subscribers and 3000 hours of watch time.
Earlier, to monetize the YouTube channel, it was necessary to complete 1000 subscribers and 4000 hours of watch time. At the same time, the criteria for shots video views has been reduced from 10 million to 3 million (3 million). YouTube has made this change in monetization policy to support small content creators.
According to a report in The Verge, YouTube has also introduced some ways for small creators to earn, including paid chat, tipping, channel membership and shopping features.
According to media reports, YouTube has implemented the new monetization policy in the US, UK, Canada, Taiwan and South Korea. Soon it will be implemented in other countries including India.