@Youtubedude7 Alright my friend, I will share my experience with MCN. Here is my story -
In 2016-17 my You Tube channels were going good. But I was also looking to get more views, subscribers and make more money.
Coincidently I received this email from an MCN named BBTV.
They assured me that if I join their network they will 'help' me with useful guidance to increase my views and subscribers.
They assured me that there will be rapid growth in my channel after that.
They assured me that my channels stats and revenue will skyrocket after that.
All they wanted to get is 10% of the revenue that my channel earned.
They assured me that they will assign an 'experienced' and 'dedicated' You Tube expert to look after my questions and guide and help me.
They assured the weekly meetings with that 'expert'.
All they wanted is 6 months legal contract and 10% of the revenue share. They claimed that since my revenue will grow with their help so I have nothing to lose. Infact my earnings were supposed to grow with their partnership.
I was happy.
What happened next is a nightmare.
The 'expert' they assigned to me was a complete novice!
This dedicated expert would sit in the meeting completely 'blank' without any prior homework.
His approach was so casual that annoyed me beyond a limit!
He would answer to all my questions in general manner, all the answers I already knew.
He then started postponing the meetings without prior notice to me. This was really frustrating!
My revenue did not go up with their partnership, infact they ate up the 10% of my hard earned money.
When I asked them why the revenue is not growing, they gave very general answers and denied to take the responsibility!!!
They blamed that my audience is from the 3rd world country (but they knew this already when they approached me, right?)
I was annoyed and angry like anything, but it was of no use because there was a 6 month legal contract which was to be completed.
Fortunately, at the end of the 6 months I kicked them off and refused to renew the partnership. I pledged not to enter in partnership with any MCN after that.
I ended up losing 10% of my 6 months revenue with this MCN partnership.
Disclaimer : This is my story. This is my conclusion. You do not necessarily buy my opinion. I shared my experience with you so that to make you aware that such things happen. So if you decide to join any MCN you will be more prepared to deal with the situation. You will be aware of the possible issues.
This is my sole purpose of sharing this experience.