Starting this month, YouTube is going to fund 100 million YouTube shorts in select countries. It will be distributed among the creators whose video will be the most viral. YouTube will select thousands of eligible creators each month and then pay them with funds. With this, the company wants to take its short-form videos i.e. YouTube shorts everywhere. If creators meet each of the criteria, they can earn between $100 and $10,000 in terms of viewership and engagement. Also because of this, his video should be 60 seconds.
100 million YouTube Shorts Fund will be distributed between this year and 2022. YouTube says it will notify creators who qualify for bonus payments from the Shorts Fund on the second week of each month in the YouTube app. Then they can claim the bonus on the 25th of the month. If they fail to do so, their bonus will be forfeited.
The same Alphabet/Google CEO Sundar Pichai announced last week that YouTube Shorts was introduced on Global Rover after a first rollout in the US and other countries, based on the huge popularity of ByteDance’s TikTok app. Google says YouTube Shorts has quickly hit the world: The feature now generates more than 615 billion global daily views, up from 6 in March. It was above 5 billion.