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If your channel grows enough you can partner with someone to make more money via ads, get benefits such as editors, music, sponsors(like gFuel) and someone personal to deal for things such as thing(kind of like a personal youtube lawer) there is of course more to it, but I'm sure you understand the gist nowwhat do you mean by a partner? like someone sponsoring you ?
A big example of a partner is Machinima whom I'm sure you heard of