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    Flutterwave debunks Alleged Reports of Hacked Accounts

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    WorkPay raises $2.7million Pre-series A Funding to Expand its Services across Africa

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    Jumba raises $4.5 Million Pre-seed to Expand the supply of Construction materials in Kenya.

    Naked secures $17 Million Series B to Expand its Digital Insurance Company in Africa

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    PICTDA announces Resumption Date for Code Plateau Cohort

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    Six Things that could Shape the Northern Nigerian Tech Ecosystem in 2023

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    5 Exciting Things That Happened in the Nigerian Tech Ecosystem

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    SmallSmall to Expand to Jos following a $3 Million Seed Raise

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    The Increase in Data Prices is a Big Challenge for Remote Workers in Nigeria

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    Bundle Launches Web App to Give Users More Accessibility to Crypto

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    Flutterwave adds Google Pay to its Payment Options for African Businesses

    Flutterwave adds Google Pay to its Payment Options for African Businesses

    After Receiving Switching and Processing Licence from CBN, Flutterwave includes eNaira to its Payment Options

    After Receiving Switching and Processing Licence from CBN, Flutterwave includes eNaira to its Payment Options

    Flutterwave gets Switching and Processing licence from CBN

    Flutterwave gets Switching and Processing licence from CBN

    Google Expands its Digital Wallet to South Africa

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    FCCPC Orders Drawdown of Online Credit Companies

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  • START UPS
    WorkPay raises $2.7million Pre-series A Funding to Expand its Services across Africa

    WorkPay raises $2.7million Pre-series A Funding to Expand its Services across Africa

    Naked secures $17 Million Series B to Expand its Digital Insurance Company in Africa

    Naked secures $17 Million Series B to Expand its Digital Insurance Company in Africa

    PressOne Africa raises $600,000 Pre-seed Funding to Support Entrepreneurs

    PressOne Africa raises $600,000 Pre-seed Funding to Support Entrepreneurs

    ThriveAgric selected West African Winners of the AYuTe Africa Challenge, receiving $1 million.

    ThriveAgric selected West African Winners of the AYuTe Africa Challenge, receiving $1 million.

    Yebo Fresh raises $4.5 million to Supply Fresh Food in South Africa

    Yebo Fresh raises $4.5 million to Supply Fresh Food in South Africa

    Sky.Garden survives Shutdown, gets New Owners

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  • NEWS
    Flutterwave debunks Alleged Reports of Hacked Accounts

    Flutterwave debunks Alleged Reports of Hacked Accounts

    WorkPay raises $2.7million Pre-series A Funding to Expand its Services across Africa

    WorkPay raises $2.7million Pre-series A Funding to Expand its Services across Africa

    Jumba raises $4.5 Million Pre-seed to Expand the supply of Construction materials in Kenya.

    Jumba raises $4.5 Million Pre-seed to Expand the supply of Construction materials in Kenya.

    Naked secures $17 Million Series B to Expand its Digital Insurance Company in Africa

    Naked secures $17 Million Series B to Expand its Digital Insurance Company in Africa

    PICTDA announces Resumption Date for Code Plateau Cohort

    PICTDA announces Resumption Date for Code Plateau Cohort

    Releaf secures $3.3 million Pre-series A funding to improve its Food Processing Technology

    Releaf secures $3.3 million Pre-series A funding to improve its Food Processing Technology

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    Nigeria’s Cash Swap Policy: Goals versus Results

    Nigeria’s Cash Swap Policy: Goals versus Results

    Six Things that could Shape the Northern Nigerian Tech Ecosystem in 2023

    Six Things that could Shape the Northern Nigerian Tech Ecosystem in 2023

    5 Exciting Things That Happened in the Nigerian Tech Ecosystem

    5 Exciting Things That Happened in the Nigerian Tech Ecosystem

    SmallSmall to Expand to Jos following a $3 Million Seed Raise

    SmallSmall to Expand to Jos following a $3 Million Seed Raise

    The Increase in Data Prices is a Big Challenge for Remote Workers in Nigeria

    How Tobiloba Olusola is making Electronic Health Records Accessible to Patients

    How Tobiloba Olusola is making Electronic Health Records Accessible to Patients

  • BLOCKCHAIN
    Binance now accepts Naira Deposits and Withdrawals

    Binance now accepts Naira Deposits and Withdrawals

    Cardano Accelerator Adaverse Invests in Afriguild’s Mission to Onboard Africans Into Web3

    Cardano Accelerator Adaverse Invests in Afriguild’s Mission to Onboard Africans Into Web3

    Is Africa Ready to Operate a Digital Monetary Policy?

    Is Africa Ready to Operate a Digital Monetary Policy?

    What Binance and TikTok Star, Khaby Lame’s Partnership mean for Crypto and Web3 Adoption

    What Binance and TikTok Star, Khaby Lame’s Partnership mean for Crypto and Web3 Adoption

    PLA2SMART Set to Lead a New Frontier in Nigeria’s Tourism Economy

    Bundle Launches Web App to Give Users More Accessibility to Crypto

    Bundle Launches Web App to Give Users More Accessibility to Crypto

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    CBN prohibits Foreign Banks from Offering Banking Services

    Flutterwave adds Google Pay to its Payment Options for African Businesses

    Flutterwave adds Google Pay to its Payment Options for African Businesses

    After Receiving Switching and Processing Licence from CBN, Flutterwave includes eNaira to its Payment Options

    After Receiving Switching and Processing Licence from CBN, Flutterwave includes eNaira to its Payment Options

    Flutterwave gets Switching and Processing licence from CBN

    Flutterwave gets Switching and Processing licence from CBN

    Google Expands its Digital Wallet to South Africa

    Google Expands its Digital Wallet to South Africa

    FCCPC Orders Drawdown of Online Credit Companies

    FCCPC Orders Drawdown of Online Credit Companies

  • START UPS
    WorkPay raises $2.7million Pre-series A Funding to Expand its Services across Africa

    WorkPay raises $2.7million Pre-series A Funding to Expand its Services across Africa

    Naked secures $17 Million Series B to Expand its Digital Insurance Company in Africa

    Naked secures $17 Million Series B to Expand its Digital Insurance Company in Africa

    PressOne Africa raises $600,000 Pre-seed Funding to Support Entrepreneurs

    PressOne Africa raises $600,000 Pre-seed Funding to Support Entrepreneurs

    ThriveAgric selected West African Winners of the AYuTe Africa Challenge, receiving $1 million.

    ThriveAgric selected West African Winners of the AYuTe Africa Challenge, receiving $1 million.

    Yebo Fresh raises $4.5 million to Supply Fresh Food in South Africa

    Yebo Fresh raises $4.5 million to Supply Fresh Food in South Africa

    Sky.Garden survives Shutdown, gets New Owners

    Sky.Garden survives Shutdown, gets New Owners

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Home SOCIAL MEDIA

YouTube wants to Reward Creators with 45% of its Revenue Generated in 2023

by Mary John
September 27, 2022
in SOCIAL MEDIA
Reading Time: 5 mins read
0
YouTube wants to Reward Creators with 45% of its Revenue Generated in 2023
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Video sharing platform, YouTube, has announced that in early 2023 it will reward its creators with 45% of the total revenue generated for each creator’s share of total Shorts.

Since its launch in September 2020, YouTube Shorts have amassed over 30 billion daily views and 1.5 billion monthly logged-in users in just 2 years. Following this success, YouTube has shown enthusiasm to turn this popular feature into the next big source of income for online content creators.

Requirements for the reward:

To be a part of this development, here’s what you need to know and/or have:

• Creators will be required to be members of the YouTube Partner Program (YPP).

• They should have recorded at least 10 million views for their Shorts within 90 days.

What is the YouTube Partner Program (YPP)?

YPP was introduced in 2007 to give content creators access to earn money from their content and share in the revenue generated from this content. From 2019 to 2022, YouTube paid out more than $50 billion to creators, artists and media companies.

When it began, the only source of income for YPP members was through ads. Now, there are about 10 ways for YouTube partners to make money on the platform.

What other benefits await partners?

Apart from the 45% guaranteed revenue share, creators will also enjoy other money-making benefits like ads on long-form videos and fan funding. They include revenue from:

• Super Thanks.

• Super Chat, Super Stickers.

• YouTube premium.

• Channel memberships.

• Merchandise.

• Ticketing.

• YouTube BrandConnect.

• Shorts Fund.

Shorts Fund:

The YouTube Shorts Fund was the company’s first step in monetizing Shorts. It is a $100M fund that was launched in August 2021 and is intended to be distributed between 2021 to 2022 every month. This fund is intended to reward creators whether or not they are YouTube Partners. Eligible creators can earn money from $100 to $10,000 based on viewership and engagement on their Shorts.

Eligibility criteria:

Monthly eligibility for a Shorts bonus is based on your channel’s Shorts performance in the previous month. Creators are also required to:

• Be at least 13 years old, or the age of majority in your country/region.

• Be located in one of the 146 eligible countries.

• Follow YouTube’s Community Guidelines, and Monetisation policies.

Upload an original Short in the last 180 days.

For more information on the Shorts Fund, click here.

What the company is saying:

Robert Kyncl, Chief Business Officer at YouTube said, “One of the things I admire most about creators is their incredible range of talents and skills. They’re storytellers, directors, editors, marketers, and entrepreneurs — all in one.”

“YouTube has evolved from being just a place where people upload and share videos. It’s now a destination where creators can find new audiences, connect with fans in different ways, and build growing businesses,” he added.

Amjad Hanif, Vice President of Creator Products, YouTube added that “It’s been incredible to witness entirely new industries built by creators on our platform. Our model since 2007, has been to put the creator at the heart of our economic engine and our shared success. We can’t wait to see what gets Made on YouTube over the next 15 years.”

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