YouTube announces the launch of its new Shorts Fund

Inspired by the success of Snapchat's "Spotlight" creator payment plan, YouTube today announced the introduction of a new short film fund where the app pays individual artists up to $ 10,000 per month.

As explained by YouTube on its blog post, "Each month, we'll reach out to thousands of eligible creators to claim a payment from the Shorts Fund - creators can make anywhere from $100 to $10,000 based on viewership and engagement on their Shorts. The Shorts Fund is the first step in our journey to build a monetization model for Shorts on YouTube and is not limited to just creators in YPP - any creator that meets our eligibility criteria can participate."

With the launch of the short funds , creators and artists have short funds, ads, YouTube premium, Channel memberships, super chat, super thanks , super stickers, merchandise, ticketing and Youtube BrandConnet to make money and build a business on Youtube. This funding will come from YouTube’s broader $100 million shorts fund.