Secrets of Channel Authority in the YouTube Algorithm Revealed

You will unlock the secret of how CHANNEL AUTHORITY is defined in the YouTube Search and Discovery Algorithm in this video. Using official YouTube sources, Linus Wilson speculates that YouTube looks at watch time (the last 28 and 365 days) and subscribers to determine channel authority and how many people see a video in the first 24 hour or week. The YouTube Creator academy defined channel authority as w

Small YouTubers have been dealt a death blow by the January 16, 2018, announcement that they will need at least 1,000 subscribers and 4,000 hours of watch time before they will ever see a dime in AdSense revenue. This is a HUGE change to the YouTube Partner Program (YPP). Most creators never reach 1,000 subscribers. Thus, most will never see ads again after the new policy comes into effect on February 20, 2018. My study of over 400 sailing vloggers found most of these active video creators never broke 1,000 subscribers.
See my video about my study entitled:

“How to Make $ on Patreon Like Sailing LaVagabonde & SV Delos: Tips, Tricks, Facts, and Advice”

My academic study with all the facts is at

It is called:

“A Little Bit of Money Goes a Long Way: Crowdfunding on Patreon by YouTube Sailing Channels”
21 Pages Posted: 21 Feb 2017
Linus Wilson
University of Louisiana at Lafayette – College of Business Administration

Date Written: February 17, 2017

This study finds that YouTube channels crowdfunding on Patreon have more frequent video creation. The median YouTube channel that crowdfunded on Patreon produced a video every 7.5 days compared to 105 days for the median comparable channel that did not link to Patreon. Crowdfunders have more views per video, are more likely to link to their Facebook pages, and uploaded videos more frequently. While two channels in the sample, each earned over $150,000 in 2016 from Patreon, the typical crowdfunding sailing channel earned $73 per video, per month, or creation. It appears that a little bit of money was associated with a big increase in new video production.

While most folks don’t make more than $100 getting to their first 1,000 subscribers 240,000 minutes of watch time is only achievable for low 1,000 subscriber channels that are active. Less active small channels will be kicked out of the program. Linus Wilson not only discusses the big change to YouTube monetization he reads the two blogs at the end of the video.

The YouTube blogs are:

Creator Blog
Additional Changes to the YouTube Partner Program (YPP) to Better Protect Creators
Tuesday, January 16, 2018
by Neal Mohan, Chief Product Officer and Robert Kyncl, Chief Business Officer


“A New Approach to YouTube Monetization”
Tuesday, January 16, 2018
by Paul Muret, VP, Display, Video & Analytics

These changes make the April 2017 requirement of 10,000 views to be a new AdSense partner no longer in force. That was announced in the blog below:


Ep. 7: The Federal Reserve’s $700 Billion Commercial Paper Bailout with Linus Wilson on the Finance Professor Podcast

Merry X-mas everybody! Linus Wilson reads his joint work with Wendy Yan Wu of Wilfrid Laurier University and updates the plans for the 2018 for the The Finance Professor Podcast.


Does Receiving TARP Funds Make it Easier to Roll Your Commercial Paper Onto the Fed?

32 Pages Posted: 17 Aug 2011 Last revised: 24 Aug 2011

Linus Wilson

University of Louisiana at Lafayette – College of Business Administration

Yan Wendy Wu

Wilfrid Laurier University

Date Written: August 22, 2011


The Commercial Paper Funding Facility (CPFF) bought commercial paper from highly-rated issuers of U.S. dollar commercial paper during the financial crisis of 2008 to 2009. This is the only study to analyze the characteristics of firms selected for this Federal Reserve program. CPFF participants and non-participants differed little in terms of profitability, solvency, or liquidity ratios. Nevertheless, CPFF participants were significantly more likely to come from the financial sector, to pose greater systemic risks, and to have received funds from the Troubled Asset Relief Program (TARP) bailout. The baseline predicted probability of participation in the CPFF jumps from 37.2 percent to 65.9 percent if the commercial paper issuer participated in the TARP bailout.


Keywords: ABCP, Asset Backed Commercial Paper, bailout, banks, Capital Purchase Program (CPP), commercial paper, Commercial Paper Funding Facility (CPFF), emergency lending, Federal Reserve, multinational firms, section 13(3), Troubled Asset Relief Program (TARP), U.S. Treasury, unsecured commercial paper

JEL Classification: G01, G18, G2, G28

Wilson, Linus and Wu, Yan Wendy, Does Receiving TARP Funds Make it Easier to Roll Your Commercial Paper Onto the Fed? (August 22, 2011). Available at SSRN: or


The show blog is at

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Ep. 6: Andrew Metrick Presents “Managing and Preventing Financial Crises” at the 2017 Financial Management (FMA) Meetings in Boston on the Finance Professor Podcast

Professor Andrew Metrick is the Michael H. Jordan Professor of Finance and Management at the Yale School of Management. He is the director, Yale Program on Financial Stability and the Faculty Director, Masters in Systemic Risk program at Yale. Professor Metrick outlines the responses to the 2008 financial crises in the USA and abroad and speaks about the tension between regulation and shadow banking.

The YouTube version of this talk is on the Linus Wilson channel at

Professor Metrick was an assistant professor in economics at Harvard University and was an assistant and associate professor of finance at the Wharton School of Business at the University of Pennsylvania. He also served as a senior economist and the cheif economist on President Obama’s Council of Economic Advisers while the administration worked on the Dodd–Frank Wall Street Reform and Consumer Protection Act and tried to manage the hugely unpopular bailout of the financial sector, the Troubled Asset Relief Program (TARP). The latter bailout turned a modest profit and many believe it helped to stabilize the financial system.

The Finance Professor Podcast’s facebook page is

Subscriber to the YouTube channel at

Check out Dr. Metrick’s CV at

The Financial Management Association 2017 program from its Boston meeting is at

This was session 214 at the Marriot Copley Place.

The next meeting is in San Diego.

Dr. Linus Wilson is an associate professor of finance at the University of Louisiana at Lafayette. He has published extensively on the TARP bailout and has studied the bailouts orchestrated by the U.S. Federal Reserve and the FDIC during the financial crisis of 2008. You can see his research at

I mentioned the following papers whose working paper versions are at 

Wilson, Linus, Debt Overhang and Bank Bailouts (September 12, 2009). Available at SSRN: or

Wilson, Linus and Wu, Yan Wendy, Common (Stock) Sense about Risk-Shifting and Bank Bailouts (January 1, 2010). Financial Markets and Portfolio Management, Vol. 24, No. 1, pp. 3-29, 2010. Available at SSRN:

Wilson, Linus, Broken Bucks: Money Funds that Took Taxpayer Guarantees in 2008 (August 28, 2015). Available at SSRN: or

Wilson, Linus and Wu, Yan Wendy, ‘Escaping TARP’ (September 21, 2010). Journal of Financial Stability, Vol. 8, No. 1, 2012. Available at SSRN: or

Wilson, Linus and Wu, Yan Wendy, Does Receiving TARP Funds Make it Easier to Roll Your Commercial Paper Onto the Fed? (August 22, 2011). Available at SSRN: or

Wilson, Linus, Toxic Asset Subsidies and the Early Redemption of TALF Loans (August 17, 2011). Available at SSRN: or

Look at Linus Wilson’s CV for the full citation of published papers.

Professor Linus Wilson is the host of the Finance Professor Podcast at

Dr. Jeffry L Coles a Professor of Finance at the David Eccles School of Business at the University of Utah and served as the Vice President of the 2017 Annual Meeting Program.

Ep. 5: Discrete Portfolio Adjustment with Fixed Transaction Costs on The Finance Professor Podcast

Professor Linus Wilson reads his paper “Discrete Portfolio Adjustment with Fixed Transaction Costs”

Wilson, Linus, Discrete Portfolio Adjustment with Fixed Transaction Costs (January 3, 2016). Available at SSRN: or


This paper presents a closed form solution to the portfolio adjustment problem in discrete time when the investor faces fixed transaction costs. This transaction cost model assumes a mean-variance investor who wants to adjust her holdings of a risky and risk-free asset. It is shown how this model can be calibrated to be used with a variety of risk models such as life cycle portfolio weights and value at risk (VaR) models. The decision problem can easily be inputted into and calculated in Excel.

Keywords: adjustment costs, alpha models, brokerage commissions, fixed costs, lifecycle funds, portfolio selection, portfolio theory, risk management, transaction costs, Value at Risk (VaR)

JEL Classification: G11

Click the orange download button to get the full paper on SSRN.

Ep. 4: Overpaid CEOs Got FDIC Debt Guarantees

Linus Wilson reads his joint work at

“Overpaid CEOs Got FDIC Debt Guarantees”

By Linus Wilson, University of Louisiana at Lafayette and Yan Wendy Wu, Wilfrid Laurier University


From 2008 to 2009, the FDIC guaranteed hundreds of billions of dollars of newly issued bank debt through the Temporary Liquidity Guarantee Program (TLGP). We find that CEOs making more than their peer groups were significantly more likely to steer their companies to obtain federal guarantees for their banks’ debt. The average bank in our sample with a debt guarantee had a CEO who was paid $1.6 million per year more than the average CEO in his or her peer group. In addition, there is strong evidence that large, systemically important banks were more likely to obtain FDIC debt guarantees.

Keywords: bailout, banks, CDS, Citigroup, CEO Compensation, corporate governance, credit default swaps, debt, debt guarantees, Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, emergency lending, FDIC, Federal Deposit Insurance Corporation, Federal Reserve, financial crisis, FOIA, Freedom

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How to Compare Faculty Pay Across the Business School by Linus Wilson

By scaling pay by AACSB averages pay across business school, disciplines can be analyzed. This is a video of the research paper “How to Compare Faculty Salaries Across the Business School” by Dr. Linus Wilson.

This study looks at a unique data set of business school professors at the University of Louisiana at Lafayette. It finds large disparities in pay between the business disciplines that cannot be explained by the market price of scholars in the disciplines, research productivity, or faculty to major ratios. The finance professors were the lowest paid of six disciplines as a percent of AACSB pay, but had the highest research productivity and majors per research faculty member at the Moody College of Business Administration (MCOBA). Finance professors were paid about 20 percent less as a percent of the AACSB average for their rank and discipline than other research faculty at the MCOBA. Members of the management department were paid significantly higher percent of AACSB average pay than other professors in the business school. This data may be indicative of a misallocation of resources. The approach in this paper could be applied to analyze pay practices at many other business schools and over many other time periods.

Get the full version of the my paper at “How to Compare Faculty Pay Across the Business School

Linus Wilson an associate professor of finance with tenure at the University of Louisiana at Lafayette’s B.I. Moody III College of Business Administration (MCOBA).

Check out The Finance Professor Podcast at iTunes, Stitcher, and Podbean hosted by Linus Wilson.

Check out Linus Wilson’s academic research and CV at

Check out his Social Science Research Network (SSRN) author page.

Most sailing YouTubers make peanuts on The Finance Professor Podcast’s episode 2.

I know everybody knows what a great gig the crew of SV Delos and Sailing La Vagabonde has making weekly videos and sailing around the world. Unfortunately, most of the roughly 400 sailing vlogs on YouTube make next to nothing. Hey, its the movie business! Most actors don’t make as much a Brad Pitt either!
Most folks crowdfunding on Patreon make $73 per video or less. On my new podcast, The Finance Professor Podcast, on iTunes (your purple iPhone podcast app), Google Play for Android, Stitcher, and Podbean, I introduce and read my most recent study, “A Little Bit of Money Goes a Long Way: Crowdfunding on Patreon by YouTube Sailing-Channels”. (Hit the orange download button.)
Check out the show notes blog here!
This probably means that you should not quit your job or business. Instead, think about sailing around the world part-time if you are not ready to retire just yet