Okay, so YouTube have updated the requirements
for a monetization into the YouTube partner program.
Now, this isn't quite what we were expecting.
There were rumours
that there was going to be a reduction in the number of subscribers,
but that didn't happen.
The updates did come, in fact, for Shorts Creators.
So what are those updates?
If you're a long form channel, you'll see that the requirements are still the same.
That's 1000 Subscribers and 4000 hours of Watch Time.
If you have a Shorts Channel,
then you still have to have those 1000 subscribers,
but you need to get 10 million views
on your shorts videos in a 90 day period.
So if you do one shorts video per day, you need 111,112 views on average per video
in order to hit that ten million views on those ninety shorts videos.
And if you upload two videos per day on your shorts channel,
then you need 55,556
views on average per video over that 90 day period.
So for some nations, this could be quite easy.
For others, that might be a bit of a challenge.
How would those numbers work for you?
Let me know in the comments area below.
Now, if you are a Shorts Channel don't expect these anytime soon.
They have promised them early 2023.
So if you are thinking about setting up your Shorts Channel
you have time right now to get started on that Shorts Channel
and get it monetized by the time these updates kick in.
Other updates YouTube have promised with shorts channels is that you get access to
super chats, super stickers, super things and channel memberships as well.
They have said that there will be updates on how to qualify for these.
Again, we'll have to wait till 2023 to find out exactly what they are.
Another update is ads on shorts videos.
This will be similar to how ads are run on the normal YouTube's
but are slightly different.
Instead of you getting the revenue from the ad that's placed on your video,
you get a share of the revenue that's placed
on the group of videos that people watch in their shorts session.
If this seems confusing, here's what happens.
So if somebody comes into the shorts shelf they watch four videos
and two odds are played, then those four videos will get a share of those two ads.
The revenue share on the ads is slightly different to instead of you
getting 55% of the ad revenue from your long form video, you only get 45%.
And again,
that is shared across the number of videos that a person watches in their session.
So in the YouTube studio, when it comes to looking how much revenue you get
for your thousand views or CPM, it's unlikely that it will be 1000 views.
It'll more than likely be 100,000
or even a million views that you'll get your CPM number from.
We'll have to wait till 2023 to find out.
So it's all up in the air for now.
The next update comes with Creator Music.
Currently, it's under beta in the US,
where some shorts creators have access to licensed music, i.e.
the music
you listen to on iTunes or wherever, and you can use those tracks on your videos.
You'll be able to use those tracks on your videos come 2023,
and there will be two ways you can license that music.
First one is that you can just buy a license - an overall license from YouTube.
This will likely be a set fee per month and you could be paying five, ten, 15
or maybe up to $20 per month
to be able to license those tracks that YouTube has agreements with.
So if you getting high volumes of views on your videos,
that might be a better option to go, because the second option
is that you do a revenue share with the music license owner.
We don't have details of that yet.
So that could cut your revenue share by a lot depending on the amount of views
you get.
How many other videos you're sharing the ad revenue with, etc., etc..
We don't have any facts. We don't have any data.
We don't know how this is really going to work out.
We'll have to wait till early 2023 to find out.
Now, one issue I can see here is that there are certain tracks
that will not be in the Creator Music Library.
People will still want to use them on their YouTube
shorts, and all of a sudden they find that they get a Content
ID Strike on their video because they've used that music track.
I can see this popping up as an issue for some people
who don't read the T's and C's.
But I think for the vast majority of people, this won't be an issue.
So if you're a YouTube shorts creator or looking to create your YouTube
Shorts channel, what do you think of these updates?
Let me know in the comments area below.
And if you are looking at creating your YouTube shorts channel,
make sure to watch this video
right here to see how you can get started with YouTube shorts today.