Last fall we published an update that YouTube would soon be launching a revenue share program for Shorts. We're happy to announce that this program goes live today, and moving forward this new system will completely replace the Shorts Fund.
In order to opt your channel into this new program you must first accept the Short Monetization Module, which provides the terms that let you earn from ads and YouTube Premium in the Shorts Feed. You can find and accept these new terms in your YouTube Studio dashboard (studio.youtube.com). There will be an alert at the top of your dashboard prompting you to review and accept the new terms.
You can also go directly to the "Earn" tab via the left hand nav, and then click into "Shorts Feeds Ads". There you will have the ability to click "Turn On" and review and accept the new terms. Screenshots attached to where you can find that info.
Please note that in order to be eligible for this program you must also be eligible for the YouTube Partner Program, which means a creator or publishers’ channel must have at least 1,000 subscribers and either 4,000 public watch hours in the last 12 months or 10 million public Shorts views in the last 90 days.
[February 2023 Update For Music Channels]: YouTube previously communicated that all channels would be eligible for Shorts monetization on February 1st, and that channels would either see an opt-in module to agree to or they would be automatically included. However, recently it came to light that channels that have been classified as music-related channels will likely not be able to enable monetization on Shorts uploaded to their channels this February. If your Shorts contain your own original music within them, they should still be eligible for monetization due to the inclusion of your sound recordings - even if you don't have the ability to click and enable monetization on those videos within your YouTube Studio. In those cases the revenue would be collected by the distributor of the sound recording included in the Short.
If you're eligible for this feature, please make sure you have it enabled and reach out to us with any questions!