Question about partnership

Thinking about this stuff has lead me to another question on this topic. I know a lot of channels that do cover songs and yet they're partnered (judging by the fact that they have a banner at the top of their channel). So how come that this is possible? I'm a bit confused. :/

Some channels to support my example: (can't put in URL's)
  • KurtHugoSchneider
  • boyceavenue
  • jwcfree
  • greenday3840
 
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