YouTube has recently announced incentives for artists and creators of distinctive and innovative short videos through its $100 million global funds for short video creators.
Shorts is a new feature of YouTube recently launched for all the creative members who want to make short, snappy videos from their mobile phones. According to reports, YouTube’s Shorts player platform, which allows viewers to watch short videos, receives 15 billion views every day.
According to Tarek Amin, YouTube Director for the Middle East and North Africa, since the debut of Shorts, there has been a considerable increase in the creation and viewership of YouTube videos. In addition, the channel has aided creative artists in using their talent as a business opportunity in MENA.
He went on to say that these individuals have been successful in turning their creativity into a five- or six-figure income stream through YouTube, which is still expanding.
Because YouTube has long-term commercial aspirations for the Shorts video creation platform, Amin feels implementing the Shorts Fund is the most desired step.
According to reliable sources, the fund’s eligibility conditions include having at least one short video in the last 180 days and consenting to all of YouTube’s guidelines. Furthermore, watermarked videos, third-party videos, and reuploaded videos from another creator will be disqualified. Finally, creators must meet the age requirements of their regions.
Channels that qualify for the fund are said to earn between $100 and $10,000 every month, with a bonus based on their short’s performance.
According to reports, YouTube has invested about $30 billion in Middle Eastern and North African artists, creators, and media companies.