As of this writing, the official monetization scheme known as the YPP does not include YouTube Shorts. Joining the YPP as a Shorts creator is difficult unless you’re releasing long-form videos and hitting the required benchmarks – 1,000 subscribers and 4,000 watch hours.
Additionally, there is no way to monetize short, vertical content with ads.
However, YouTube is altering these guidelines. The platform will enable revenue sharing for Shorts adverts as of February 1, 2023.
As a result, you may now profit from the advertisements that users watch on the Shorts Feed. According to YouTube, “45% of the revenue from the total amount allotted to producers will be retained by them, split based on their proportion of total Shorts views.”
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 a 90-day period are eligible to apply for the Partner Program, as was previously announced. Creators will need to accept the new “Shorts Monetization Module.”
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 at the conclusion of each month.
The quantity 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.
The fact that non-original Shorts are not qualified for revenue sharing should be noted. Non-original Shorts are compilations without any extra original content, reposts of other producers’ content from YouTube or other platforms, unedited movie or TV show clips, etc.
Additionally unsuitable for income sharing are shorts that receive fictitious or artificial views, such as click or scroll bots that operate automatically.
With these planned modifications, YouTube Shorts will likely overtake TikTok as its main rival. Creators are encouraged to produce original material for the YouTube platform if they can earn more money through YouTube Shorts than via TikTok.
Up until this point, no short-form video platform has completely figured out how to split ad income, giving Shorts a sizable advantage over the competition.
