Tuesday, March 1, 2011
YouTube millionaires - NYPOST.com
Google's success in wringing more ad revenue from YouTube is giving rise to a new class of dot-com millionaires.
Google revealed last week that it is running ads against three billion videos a week on YouTube, up 50 percent from last year. That means the amount of cash it shares with its YouTube partners is going up as well. Google gives its content makers more than 50 percent of the ad money from their videos.
Hundreds of YouTube stars are making more than six figures, and hundreds more are making more than $40,000 a year -- roughly the median salary in the US. There are even stars who have topped a million dollars, although the company wouldn't say how many.