YouTube created a new Partner Program agreement that will be implemented this February first. This allows content creators for YouTube Shorts to earn a part of the revenue generated from their content, given that they agree to the new program's terms.
More Ways to Earn on YouTube
The new program is introducing new modules for monetization so creators can control how they earn on the platform better. They will be presented with new terms that they are recommended to accept, as mentioned in Engadget.
To be an eligible creator for the new Partner Program, they need to have at least 1,000 subscribers and gather over ten million views on Shorts in the course of 90 days. Of course, this depends on whether or not they accept the Shorts Monetization Module.
The Base Terms will hold the foundation of the platform and the creator's business relationship, establishing methods on how the creator is paid. It also includes content policies and new terms. This part is not optional for the YouTube Partner Program.
Although the Shorts Monetization Module is optional, creators need to accept the terms to gain revenue. They can start earning from February 1st given that they have accepted the module, which will come from ad revenue and earnings from the Premium subscription.
YouTubers can choose not to accept the terms for monetizing Shorts, but not acknowledging the updated base terms will result in the termination of the YouTube Partner Program eligibility. This means that YouTube can still display ads and monetize its videos without creators getting paid.
Creators can always re-qualify and re-apply for the YPP, but if they want to avoid the process of becoming eligible again, they need to accept the new Base Terms before July 10th of 2023 to continue monetizing their videos.
Policies and Guidelines for YouTube Shorts
Like the original YouTube Page Monetization Module, Shorts also have policies and guidelines that creators should follow. This include which Shorts are eligible for the Partner Program, how it works, and which format is required.
For starters, creators won't earn from YouTube shorts when they are not original ones. These include clips from movies or TV shows, content from other creators, content from other platforms, or compilations that have no original content added.
The Shorts will also not count if YouTube detects artificial or fake views, which are brought on by automated clicks or scrolls by bots. Content will not be considered for monetization if the creator does not abide by the advertiser-friendly guidelines as well, according to YouTube.
Once a creator is eligible, they will start to earn on a monthly basis from the revenue from ads displayed on their content. It will all fall into the Creator Pool where the revenue for creators is taken from.
A Short with music in it will cause the revenue to be split with music partners depending on the number of tracks used. For example, one track will cost the creator half of the revenue, and two tracks will cost them two-thirds, which covers the cost of music licensing.
Creators will get paid based on the creator's share of overall content views. If the creator made up 5% of the eligible shorts in their country for the month, then they will get 5% of the money in the fund, as well as the fixed 45% regardless of music use.
