YouTube is creating a new Learning Fund program where it will invest $20 million toward education content. The announcement was made today by Malik Ducard, global head of learning. The Verge reports: Channels like TED-Ed, dedicated to educational Ted Talks, and Hank and John Green’s Crash Course have already secured additional funding, according to YouTube’s blog post. The company plans to invest in content from independent creators, like the Green brothers, as well as traditional news sources and educational organizations to broaden its content offering.
YouTube’s Learning Fund has a nice ring to it, but it isn’t a philanthropic charity. An FAQ about the program states that “successful applicants must enter into a written agreement with YouTube. This agreement will contain more details about required deliverables, payment timelines, and other terms and conditions.” Creators must maintain a minimum of 25,000 subscribers. Those applying to the program also don’t need to
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