Bloomberg: ‘Success’ on YouTube Still Means a Life of Poverty

Bloomberg: ‘Success’ on YouTube Still Means a Life of Poverty. “New research out of Germany billed as among the first to review the chances of making it in the new Hollywood shows a vanishingly small number will ever break through—just like in the old Hollywood. In fact, 96.5 percent of all of those trying to become YouTubers won’t make enough money off of advertising to crack the U.S. poverty line, according to research by Mathias Bärtl, a professor at Offenburg University of Applied Sciences in Offenburg.” I subscribe to many, many YouTube channels and the vast majority of them have a) sponsors for their videos or b) Patreon or c) both.