Mariia Loboda

Whether streaming is worth it depends on your niche more than on anything else you control. In our data, a crafting channel earns a median $91 for every hour it streams, while a music channel earns 35 cents. So before you copy someone else’s streaming strategy, look up what the format pays where you are. We measured it: 404 real channels across 11 niches, a full year of YouTube Analytics data, 127 of those channels earning money from live content. To put it simply – a stream view out-earns a video view in 8 of 11 niches we could measure. The idea that “streams pay less” comes from creators in the other three.

Livestreams have a reputation as YouTube’s worst-paying format, and creators skip them because “streams pay pennies.” Our data from 404 channels tells a more complicated story: in half the niches we measured, livestream RPM beats long-form RPM, and channels that stream 8+ times a month earn a median 50% of their ad revenue from live content. The catch shows up elsewhere, in what happens to your regular videos and your time. This study covers livestream RPM by niche, subscriber growth per hour streamed, the effect of streams on regular video views, and the streaming frequency where the numbers work best.

For years, Twitch was a dead end for advertisers. The audience was there, of course, but that audience had seen every variation of forced integration and learned to tune it out in real time. Gamers trust streamers. They don’t trust banners, sponsor reads, or anything that interrupts the game.