In the big scheme of things, 1 million views per month is not that big. That's entry level for medium sized channels and the bare minimum to get a favorable deal with a network.
Where do you go from here? Provide the best possible service to that channel so you keep them long term and gain their recommendation as a worthy network. Here's where it gets tricky. What do you offer above youtube partnership or other networks? If your answer has to do with branding and tools, you're probably going to lose your partner when it comes to renew. Channels that generate decent income (and you're getting a percentage of that income) want to see value for money. So you have to offer them something in exchange for the money that they're paying you. Besides the normal day to day stuff, a good rule is to find a way to return 1/3rd of the money generated into some kind of perk for that channel.
I pay out a very large sum of money each money to my network despite having a very small split. I want to see that money used for my channel-and it is provided in the form of signing bonuses, free tickets to conventions like vidcon, equipment, an expense account, pay for play when I participate in hub activities, and ad campaigns. Is that realistic for the channel you just signed? Probably not. But that doesn't mean you can't offer them something worthwhile for what you're making off them. Good luck with everything.