YouTube has paid out more than USD 30 billion to creators, artists, and media organizations over the last three years. The figure was announced by CEO Susan Wojcicki in a Tuesday newsletter.
The number of new channels that joined the company’s Partner Program, allowing creators to earn advertising revenue, more than doubled last year. According to the Oxford Economics report, YouTube also “contributed approximately USD 16 billion to the U.S. GDP in 2019, supporting the equivalent of 345,000 full-time jobs.”
Wojcicki said with YouTube operating at such a large scale, it’s difficult for creators to be up to date with shifting community guidelines. Creator, Charlie White from the channel penguinz0 serves as a example as he was given a strike for an older video due to a new policy. Wojcicki’s letter states that YouTube wants to improve communication relating to guideline changes to avoid channel strikes. After three strikes within 90 days, a channel is terminated. “We take these issues seriously, and we’re making changes this year to help creators,” Wojcicki said.
Wojcicki addressed reforming Section 230, a piece of the Communications Decency Act, which would allow social media platforms to operate without being liable to the types of content their users' post.“Both sides of the political spectrum are interested in modifying it, but there are diametrically opposed views on the problem and a lack of consensus on what should be done,” Wojcicki said.
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