YouTube has announced that creators will be able to monetize shorts if they fulfil the eligibility criteria from February 1st, as promised by the streaming platform last year in September that the monetization feature will be launched soon.
The video-streaming giant has also updated the terms and conditions of its YouTuber Partner Program to include creators to earn ad revenue from Shorts, which is YouTube’s answer to TikTok-style short videos.
Current YouTube partners will be required to sign the new and updated agreement terms, whether or not they are looking to make money from YouTube Shorts. According to the company, it is introducing a modular system for the Partner Program’s terms and conditions, which will require everyone to sign a base agreement with the option to opt out of Shorts monetization.
The base agreement will include things like type of content you can post on the site or how the payment works and current YouTuber Partners will have a deadline of July 10, 2023 to accept the new terms or else they will be penalized by turning off the monetization on their channel.
Meanwhile, the Shorts Agreement basically states that content creators will be given a cut from the ads viewed between videos in the Shorts Feed. The company also announced that ad revenue sharing will completely replace the YouTube Shorts Fund.
In order to be eligible for the YouTube Partner Program, you need to have at least 4,000 hour hours on your long-form videos and 10 million views on public Shorts within the past 90 days. Either way, you are also required to have at least 1,000 subscribers on your channel to be eligible for monetization.
Read more: YouTube Gets An Updated Look & New Features.
