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but does it follow the YouTube pay model of the more streams there are on your song the less pay percentage you actually make
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Based on some people I know... 500k subscibers on YT = roughly 40k USD/Year in income - I'm sure that could vary wildly but if that many subscribers, your going to get a high number of hits when they all get notified there is new uploaded content. That isn't related to music or any other viewing genre, just the rough amount based on views/subscribers. There are millionaires being made on YT though again, this isn't based on streaming music, just the views. I think it would be tough to gain that audience with just music vids if that makes sense.
Now imagine the income of a channel with millions of subscribers.