New YouTube T.O.S Paves The Way For Rising Alternative Platforms!

Read Time:1 Min, 44 Sec

YouTube has recently updated their Terms of Service (T.O.S.). The changes have already taken effect in the US and will in other countries by mid 2021. Why is this important? Agreement to their new terms and conditions will make it difficult for small content creators, or people living outside the US, to profit off music and videos they post to the platform.

“Competition is always a good thing. It forces us to do our best. A monopoly renders people complacent and satisfied with mediocrity.” — Nancy Pearcy

In order to make money now, content providers must meet certain eligibility requirements for YouTube’s Partner Program (YPP). Some of these requirements include: Having at least 1,000 subscribers, having 4,000 valid public watch hours in a 12 month period, posting new content once every six months, and being located in one of the partner program’s qualified areas.

Advertisement

Spur of competition

Due to these new restrictions, it’s likely a growing number of producers will start seeking out already established or upcoming alternatives to YouTube. One of these contenders is Dailymotion, which doesn’t have quite as strict preconditions to earning income. You don’t need a certain number of subscribers or hours your videos are watched, once you upload a video, you start making money with them, it’s as simple as that.

Vimeo, with their Video on Demand, over-the-top (OTT) subscription, and live pay-per-view (PPV) services, has proven on average to surpass the revenue made from YouTube during the same timeframe. The other upside to uploading videos to Vimeo is viewers aren’t bombarded with annoying advertisements that distract them from enjoying it.

Advertisement

Once these new policies are introduced globally, coupled with the already small compensation for intrusive ad placements on YouTube videos, there’s a good chance both creators and their viewership will start transitioning to these other providers and more new and exciting services will begin to emerge. When you have competition in an industry, the ultimate winners will always be the customers.

Last Updated on 12/04/2020 by Emmanuel Motelin

EXPLORE MORE ACROSS THE WEB
Tagged : # # # # #
Advertisement
bitcoin
Bitcoin (BTC) $ 37,856.14 0.21%
ethereum
Ethereum (ETH) $ 2,031.08 0.99%
tether
Tether (USDT) $ 1.00 0.03%
bnb
BNB (BNB) $ 227.51 1.20%
xrp
XRP (XRP) $ 0.60815 0.56%
solana
Solana (SOL) $ 59.59 2.19%
usd-coin
USDC (USDC) $ 1.00 0.08%
staked-ether
Lido Staked Ether (STETH) $ 2,029.70 0.97%
cardano
Cardano (ADA) $ 0.382018 1.12%
dogecoin
Dogecoin (DOGE) $ 0.080998 0.05%
tron
TRON (TRX) $ 0.103667 0.41%
the-open-network
Toncoin (TON) $ 2.42 0.48%
chainlink
Chainlink (LINK) $ 14.54 0.31%
avalanche-2
Avalanche (AVAX) $ 21.19 1.26%
matic-network
Polygon (MATIC) $ 0.761147 1.43%
polkadot
Polkadot (DOT) $ 5.16 2.54%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 37,803.13 0.01%
dai
Dai (DAI) $ 0.998292 0.06%
litecoin
Litecoin (LTC) $ 70.14 0.27%
shiba-inu
Shiba Inu (SHIB) $ 0.000008 1.31%
uniswap
Uniswap (UNI) $ 6.03 3.48%
bitcoin-cash
Bitcoin Cash (BCH) $ 223.04 0.25%
leo-token
LEO Token (LEO) $ 3.97 1.41%
okb
OKB (OKB) $ 55.97 1.00%
stellar
Stellar (XLM) $ 0.119107 0.36%
monero
Monero (XMR) $ 166.80 0.50%
true-usd
TrueUSD (TUSD) $ 0.998611 0.15%
kaspa
Kaspa (KAS) $ 0.128749 3.67%
cosmos
Cosmos Hub (ATOM) $ 9.23 0.73%
ethereum-classic
Ethereum Classic (ETC) $ 18.69 0.97%
crypto-com-chain
Cronos (CRO) $ 0.09114 1.86%
filecoin
Filecoin (FIL) $ 4.43 2.40%
internet-computer
Internet Computer (ICP) $ 4.56 1.24%
hedera-hashgraph
Hedera (HBAR) $ 0.060858 0.68%
lido-dao
Lido DAO (LDO) $ 2.27 3.05%
aptos
Aptos (APT) $ 7.03 0.32%
thorchain
THORChain (RUNE) $ 6.41 6.13%
near
NEAR Protocol (NEAR) $ 1.81 1.01%
binance-usd
BUSD (BUSD) $ 1.00 0.00%
mantle
Mantle (MNT) $ 0.527491 1.14%
immutable-x
Immutable (IMX) $ 1.27 5.62%
vechain
VeChain (VET) $ 0.021625 0.18%
optimism
Optimism (OP) $ 1.69 1.34%
quant-network
Quant (QNT) $ 98.34 1.65%
bittensor
Bittensor (TAO) $ 248.62 1.22%
injective-protocol
Injective (INJ) $ 16.86 1.66%
aave
Aave (AAVE) $ 96.28 0.97%
maker
Maker (MKR) $ 1,526.04 2.49%
the-graph
The Graph (GRT) $ 0.142335 4.14%
arbitrum
Arbitrum (ARB) $ 1.01 0.88%
%d bloggers like this: