Can you no longer upload from iMove direct to YouTube?

From what I am seeing, you can no longer upload direct from iMovie to YouTube. You "share" but all it's doing is creating a file, that I have to store, and then I have to manual upload this file to YouTube. This isn't even sharing. It's archaic. Am I missing something? Or did Apple legitimately make this process worse?

Apple - I use to click a button and the video would be in my YouTube account. Now I have to create a video file and store it, and then manually upload it into YouTube....what about this is an upgrade? Unreal.