YouTube partners are making over $1 million off of their videos, according to the NYPost.
We all knew that a bunch of YouTube stars were pulling in six-figures a year, but who knew that some of these guys (and gals?) have become millionaires? Then again, it shouldn’t be that big of a surprise to hear about YouTube millionaires when you look at the whole picture of potential revenue streams in banner, pre-roll and overlay ads in addition to sponsored videos and merchandise sales.
Google has also announced that it’s running ads on three billion YouTube videos a week – up 50% from last May. This is a reflection of more partnerships being accepted by YouTube while current partners churn out videos at a faster rate. One trend amongst popular YouTube partners is to create new YouTube channels that attract views from their hardcore fans.
From our discussions with various YouTube partners, we’ve always walked away amazed at how much work and dedication they put into their videos. It’s unknown who the YouTube millionaires are, but we’re sure they’ve done excellent work on-camera and behind the scenes to get those seven-figures.