YouTube New Monetization Eligibility Policy 2018

 
On January 16, 2018, we announced new eligibility requirements for the YouTube Partner Program. Once a channel reaches 4,000 watch hours in the previous 12 months and 1,000 subscribers it will be reviewed to join the program.
This is part of an effort to strengthen our requirements for monetization so spammers, impersonators, and other bad actors can’t hurt our ecosystem or take advantage of creators, while continuing to reward those who make our platform great. Get more details on the YouTube Creator Blog.
Do I need 1K subs or 4K watch hours in the past 12 months, or both?
You need both. If your channel has fewer than 1,000 subscribers or fewer than 4,000 watch hours then it doesn’t meet both requirements and will be removed from YPP on February 20, 2018.
The new requirement is for a channel to have 4,000 watch hours in the previous 12 months (ongoing) and 1,000 subscribers (total) before it will be reviewed to join the program. Learn what happens if your channel drops below the program threshold.
Is the watch time requirement 4K watch hours total? 
In addition to 1,000 total subscribers, channels need to have 4,000 watch hours in the past 12 months to qualify for YPP.
Source: https://support.google.com/youtube/answer/72851#eligibility

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