The long-awaited revenue-sharing program for creators of YouTube Shorts is almost here. Before February 1st, when artists can start receiving ad share revenue from the views of their Shorts, the firm is launching a new Partner Program agreement starting today. The new Partner Program terms from YouTube must be accepted by creators by July 10th. New “Monetization Modules” are being introduced as part of the move to allow creators greater control over how they might make money on YouTube; nevertheless, the firm advises accepting all of them to maximize your earning potential on the network. Creators who have at least 1,000 subscribers and more than 10 million views on Shorts in 90 days are eligible to apply for the Partner Program, as was previously announced. The new “Shorts Monetization Module” must then be accepted by them.
YouTube announces the discontinuation of its $100 million creative fund as Shorts revenue sharing takes effect. The majority of fund participants, however, are anticipated by the corporation to make more money through revenue sharing than they did through the fund. Because music licensing is involved, the formula YouTube has developed to calculate how much each creator would earn for their Shorts is difficult. The company will run advertising in the Shorts Feed when viewers are watching Shorts on YouTube. According to YouTube, the revenue from these advertisements will be used to compensate music licensing businesses and creators through a pooled pool that the company will distribute after each month.
The number of musical tracks that creators include in their Shorts will determine how much money ultimately goes into the creator pool. All of the money made off of a video that you publish without any music will go to the creator pool. On the other hand, when it comes to a Short with just one song, a third of the associated revenue will be used to cover the cost of licensing. Two-thirds will go toward licensing in a short with two tunes.
After that is resolved, YouTube will choose how to allocate the creator fund. The fund will be distributed by the corporation according to the creators’ percentage of all Shorts views. Therefore, regardless of whether you used licensed music in your Shorts or not, if your videos accounted for 5% of all eligible Shorts views in your nation for the month of February, you would get 5% of the money in the fund. Following YouTube’s 55 percent income cut, you will receive the remaining 45 percent. After all, is said and done, if you contributed $1,000 to the Creator Pool one month, you would receive $450.
