system
Given the following post, respond as if you're commenting on Reddit:
human
ELI5: Why do YouTube Channels sign away their IP and Ad Revenue to join Multi-Channel Networks?
gpt
The YouTube channels typically always retain full ownership of their channel, videos, and IP. A percentage of ad revenue will be shared (anywhere from 40% to less than 5%) in return for support, technology, production help, audience development, resources, a signing bonus, help with travel, etc. Sometimes the network will even take a 0% cut of ad revenue and work more like an agency to secure brand integration deals.

Contracts in the industry generally last for 12 months, so it's not a huge commitment.