 Yawan sold back Scalab for $12 million today, returning complete ownership back to the original owners. If you remember back in January they announced Yawan acquires Scalab 100% for up to $20 million. This was the press release from PR Newswire. Click the link down there if you want to read it yourself. Now Yawan sold it back because YouTube terminated Yawan. This is the official Investor Relations article on the Yawan website because Yawan is a publicly traded company. Again the link to all this is down there in the description below. Where they write that in light of YouTube's recent termination of the content hosting service agreement for Yawan Group, Yawan has taken immediate action and sold 100% of Scalab back to its original owners. So that Scalab is not terminated along with Yawan on March 31st. That's the reason they did that. So effective today they will sell 100% of equity back to the original owners for the price of 12 million US dollars. What about the 20 million? Reading on it says that Scalab was acquired by Yawan in January for an upfront cash consideration of 12 million in addition to other management earnouts. So what's an earn out? An earn out is money you get if you hit certain targets in the future. So the 20 million would have been given as an additional 8 million plus the original 12 if Scalab hit certain targets. The same thing happened when Disney bought Maker. It was advertised as a billion dollar acquisition but it really was 500 million and they didn't get the other 500 million because they didn't hit those earn outs. That's how deals normally work. There's a certain price that you pay up front and then if you hit certain KPIs, key performance indicators, then you get additional money in the end. TubeFilter also covered this news and they said one very important thing that I've never seen written about publicly before and that is that YouTube has a 50 channel level abuse event rule in a 90 day period that all MCNs must ensure they don't cross. I thought this was supposed to be only for MCNs to know but since TubeFilter is writing about it publicly I guess everyone should know this too and this is the reason why MCNs like Freedom have unlinked a lot of channels is because if we any MCN crosses this 50 count then there are very stern punishments by YouTube. So we have to make sure we have a smaller number of channels that we can manage directly one on one with personal relationships to be sure that we don't get caught by this new rule. It used to be much higher. It used to be a thousand in a rolling 90 day window but they dropped it down to 50 and that's why most MCNs had to scale back the number of channels that they managed. Hope this helps. I'd love to hear what you think. Tell me down there in the comments below. Speaking of payments, did you know you're gonna get paid in six days your February earnings because freedom pays earlier than everybody else as of this month. Now we're gonna be paying you on the 18th which is three to eight days earlier than YouTube itself and 12 to 28 days earlier than all other MCNs. To learn about that, click that I to see this video that explains how it works and why we think it's a great way to help you grow faster. We also have instant payments that let you get paid based on your estimated YouTube analytics earnings. As soon as you see revenue in YouTube analytics we can pay you half of that. Why half? Because it's estimated so we need to make a buffering case. The estimation is off by half. Maybe in the future we'll increase that to like 80% or 90% but for now it's a new service so we are being very conservative with how much we can allow you to claim from your estimated earnings. But that's another reason to be partnered with Freedom Guys. We're the only MCN in the world that offers this service. Even YouTube itself won't pay you based on your estimated earnings but freedom will. This was because we saw so many of you asking us hey can I get an early payment because my microphone broke. I need to buy this game. It's Valentine's Day and I forgot to buy a present for my girlfriend. These are all the reasons we've seen in our support tickets so we thought all right let's just make it possible for everyone to get money early based on YouTube analytics. And if you need this just email support.freedom.tm and we can enable it for your account. In the future we may enable this for everybody so stay tuned but for now just request it and we will enable it for you most likely. We also have an anti-piracy platform that helps protect your original music and videos through Content ID. We have Sonic Branding free for you which basically means we can create custom music just like you have a custom logo. Isn't that cool? Actually I think this is an older version of the letter from the CEO of Freedom. Let's update it to make sure we're reading the latest one. Here's the latest one where we talk about how Freedom owns its own music factory. We hired teams of composers on salary to make professional and unique music free for you. Perfect for your videos or live streams. 100% safe to use forever because Freedom owns them outright. This is Music Factory. Click that I to see Music Factory on YouTube so you can listen to the music and we also are on SoundCloud and you can download all the music from our website. You can use it even after you leave Freedom with no monetization issues. We will not claim anything on your channel after you leave Freedom for using our music. So check it out. We love to hear what you think. We have hundreds of tracks. We're adding more every day because not every day but every month because we have a full-time team of composers who continue to make new music for you. We also create custom games for you. We also have a tax reduction strategy where I'm living in Dubai. Click that I to see the videos of me in Dubai in case you didn't know I live in Dubai. It's a great city. It's only problem is July and August when it gets really hot here. We have some 3D virtual sets which includes an MSI 3D set that we built for MSI that you can use in your videos and live streams. Just click that link The link to this document is down there in the description below so you could explore this yourself if you want to. We have Crypto Miner as a new revenue stream that I'm sure many of you know. And we have professional music licensed for you from other music libraries like Position Music, User Music, Music Factory, Audio Micro and Epidemic Sound. We think Freedom has the largest selection of music of any MC in the world to help spice up your videos. Do you agree? Does anyone else offer more? Tell me down there in the comments below if they do. And of course we want to be number one, the best, the fastest way for you to grow on YouTube so we will try to include any libraries that you want that we're missing. And of course we have an amazing community that you can plug into on our Discord server or our community forums. And again the links to everything is down there in the description below. And as you can tell from my voice, I still have a little bit of a nuke hold. I've been coughing and sneezing a lot the last day or two, you know, getting a cold in the desert. How often does that happen? But sadly it does. We also have commissions get 15% of freedoms cut for one year. If you refer your friends, you take nothing away from the channel. You basically just share in our gross profit as our way of saying thank you for spreading the love. We have a lot of training and support from our 24-7 full-time support team. And we have many sponsorships like a 20,000 US dollar car giveaway. And you can get many video assets, GFX, VFX templates, royalty free video clips from your shiny freedom dashboard. After your channel joins our YouTube CMS. I hope you're having a great experience with freedom. Tell us if you are and tell us if you're not on how we can improve. We always look for ways to improve. What's our mission freedom family? Roll it. I hope you enjoyed this video freedom family. I was really surprised to see all this flurry of activity with acquisitions still going on in the MCN space. Just goes to show that it'll probably never end. In the past, we had awesomeness TV that was bought, machinima, fullscreen, BBTV, who else? A Zoom in TV. The list goes on curse. It seemed every MCN was acquired. But we as freedom have no intention to be acquired. Why? Because we want to keep growing the business according to our vision, not some new big boss's vision. I hope you can appreciate that the spirit of freedom is to help everybody grow together as a family. And that will never change as long as I have a say about it. So join freedom and let's all help each other grow together as a family. And who am I? I am your Papa George, your George son pie, your Obi-Wan George nobi, and many other names the beautiful freedom family has given me. I'm the CEO and founder of freedom for freedom and the freedom family. And I hope we'll all keep growing together for a very, very long time. Until the next episode, I'm George. You've been watching. Click that I to partner with freedom and join the freedom family so we can all grow together. You get many perks like position music. You also get epidemic sound, a lot of other access to royalty free videos, sponsorships, and many things to help you grow. Just click the links down there in the description below to get involved in our community, our forums, our discord chat servers, meet our graphics team, meet our community team, all of that on discord and the forums. What are you waiting for? Get started. And we will grow together as a family because this is the freedom family. You are part of it. We are all part of it. And we're all growing together.