If I am not mistaken the 'M' in CPM stands for 1000 not 1m. the M is a roman numeral for 1000. That would also be more on par with what I am seeing other youtubers get (see AdamGibbins's link).
I meant $1 per 1,000 views. My calculation of $5,000 for 1,000,000 views was meant as an extension of the calculations for those that wanted to work out the total.
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If I am not mistaken the 'M' in CPM stands for 1000 not 1m. the M is a roman numeral for 1000. That would also be more on par with what I am seeing other youtubers get (see AdamGibbins's link).
I meant $1 per 1,000 views. My calculation of $5,000 for 1,000,000 views was meant as an extension of the calculations for those that wanted to work out the total.
You're correct, it stands for 'Cost per mille', and indicates the revenue received for a thousand views.