Good News for YouTubers. YouTube is all set to pay up to $10,000 per month to creators creating and sharing YouTube Shorts on the video hosting platform.
Now YouTube will pay a very good amount for YouTube Shorts. YouTubers in select countries can vie for a piece of the $100 million Youtube Shorts Fund if their creations rise to the top of the heap of the most viral clips.
YouTube’s Chief Product Officer, Neal Mohan, told that creators will have the opportunity to earn up to $10,000 per month (roughly around Rs 7.41 lakhs) for making YouTube Shorts.
Every month, YouTube will select thousands of eligible creators to claim a payment from the fund, which marks the first step in its efforts to monetize the short-form, TikTok-like video feature.
The fund for Shorts’ creators was first announced by YouTube in May 2021. However, at that time, YouTube hadn’t shared many details about the fund.
YouTubers who meet the criteria can make anywhere from $100 to $10,000 based on viewership and engagement of their Shorts, which can be up to 60 seconds in length.
“The popularity needed to earn money will depend on just how many people are making and watching Shorts each month, and payouts will also depend on where each creator’s audience is located.”
Google says YouTube Shorts has quickly become a worldwide hit: The feature now generates more than 15 billion global daily views, up from 6.5 billion in March.
The Google-owned platform had launched YouTube Shorts in India in September 2020, soon after the Indian government had banned the Chinese short video sharing app due to user privacy and national security concerns.
How to earn money from YouTube Shorts?
Creators on YouTube can receive money from the fund by sharing short videos. However, creators will have to publish only original content to become eligible for earning money via YouTube Shorts.
All of a creator’s YouTube Shorts videos will count toward their Shorts performance each month that they receive views (not just the month they were uploaded).
The bonus payment amounts will be adjusted based on a channel’s total Shorts performance and their audience’s location.
To qualify for payouts from the Shorts Fund, channels must have uploaded at least one eligible Short in the last 180 days.
They also must conform to YouTube’s Community Guidelines, copyright rules, and monetization policies.
In addition, creators must be 13 or older in the U.S. (or the “age of majority” in their country/region) and must accept terms of the program and link to an active Google AdSense account to receive the bonus payments.
For now, only creators in 10 countries are eligible to receive YouTube Shorts Fund payments: India, U.S., Brazil, U.K., Indonesia, Mexico, Nigeria, Japan, South Africa, and Russia.
“We plan to expand eligibility to more countries/regions soon,” YouTube says.
Excluded from payment eligibility are YouTube Shorts that include non-original content, such as videos re-uploaded from other channels, as well as videos with watermarks or logos from third-party social platforms.