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I'd say no, the big ad revenue days are over. Waaay too many people in the space and it's hard to get noticed without incredible execution. You're also at YT's mercy for alot of things. Control, and Entry already gone.<br />
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I think where YT excels is it's potential to reach alot of people. Great to supplement a business with but never the core product. YT will eventually become the new TV, it'll probably function much like old TV did. Pay for channels and whatnot.
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Mind you about 15 years ago I was 13/14 and Youtube had exploded in growth. The general saying was its too late now, too saturated, the days to make it on YT are over. I believed the herd and never tried. Look how much has changed since now. The vlogging thing is new and sponsorships have reached a new level as access to better technology/filming/editing has lead to more professional videos. Advertisements have become more acceptable. People actually buying over the internet now. YT is not full of kids anymore. <br />
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I'm not sure how the pay rate /1000 views has changed but consider that back then having 1 million views was insane. You can tell the supply of "Views" has gone up significantly.<br />
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I mean back in the days YT was so primitive. Horrendous quality, bad internet lines. 360p was actually high quality. You can tell how it and the videos have evolved over time. <br />
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To some degree it has become easier now.<br />
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Where is our man James Jani. He started 6 months ago, published 9 videos and has accumulated 350k subscribers and total of 7 mil views so far. Prime example how to crush YT nowadays. Pick a niche and make it better than anyone else. Just the same as in any Business. Most things already exist, most markets are saturated af = its about you doing it better.<br />
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You literally just need to hit it right with one video and win in the YT algorithm battle. If you can repeat that process you can build a strong income on YT.<br />
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I dont believe YT is a passiv income source. It involves far too much active work to build and maintain. A new video published gets a peak of its view quite early on and will drop off quickly. The question is how many views do you generate daily per video from a specific time on ward. If you persistently get 200 views/day on a 6 year old video then you can call that passiv. <br />
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Just to remember that channels and videos die out. Its the youtubers responsibility to keep their channel alive and active so that the older videos generate views as well. Hence all the crap about please subscribe, like and comment on the video below.</div>