it will affect users

• YouTube has the right to monetize: YouTube has the right to monetize all content on the platform, and ads may appear on videos from channels that are not part of the YouTube Partner Program.
• Royalty payments and withholding tax– For creators who can earn income from YouTube, these payments will be considered royalties for US tax purposes and Google will withhold tax on these payments as required by law.

What does it mean? In the first case, YouTube will include advertisements in any video uploaded to the platform, even if it is not a user who is dedicated to producing content as a mechanism for earning personal income. Thus, the portal can monetize on any type of downloaded content.

Again. The humblest YouTubers, those who don’t have access to the YouTube Partner Program (YPP), will see how ads start to pop into their videos, as if they were part of the YPP but not earning any income.

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What are the requirements for joining the partner program? Live in a country where the program is active, have over 4,000 viewing hours in the past 12 months, and over 1,000 subscribers.

On the other hand, the other point of this terms update includes something that affects those who were already charging for their videos (either through YPP, Membership Channels, Super Chat, etc.):

“As of June 1, 2021, any payment you may be entitled to receive from YouTube under any other contract between you and YouTube […] royalties will be taken into account. If required by law, Google will withhold taxes from these payments. “

These changes announced by YouTube have been in effect in the United States for 7 months. However, now they will start to be applied globally on the world’s leading video playback platform.

According to official company data, YouTube has over 2 billion users and watch over a billion hours of video per day, generating billions of views.

On its official page, YouTube points out that “the number of channels that receive millionaire annual income has increased by over 40% year over year,” while “the number of YouTube channels that receive annual income over $ 100,000 has grown by over 50% year over year. ”“ The number of channels with over one million subscribers has grown by over 65% over a year. year after year, ”he notes.