British pound climbs as government makes U-turn on tax cut plan    Egypt's net foreign assets decline again to reach $925 million in August    Turkey's inflation jumps to 83% highest level in nearly in 24 years    Egypt's FM heads to Congo Today to attend PRECOP27 conference    King Charles III won't attend COP27 in Egypt, following PM Truss advice    Swedish coastguard says: Fourth leak discovered on Nord Stream pipelines    Egyptian gecko invades Israel    Egypt welcomes back Russian flights on 1st October    Egypt launches 200 Years of Continuing Science tourism campaign    Egypt, UAE partner on sustainable waste management in Sharm el-Sheikh ahead of COP27    QNB Group names TikToker Khaby Lame official FIFA World Cup Qatar 2022 brand ambassador    Three possible scenarios as Egypt's central bank governor resigns – MP    Adele is living a love story, wants to be a homemaker    In Photos: Egypt swears in 13 new ministers after major Cabinet reshuffle    Egypt's Sisi names 13 ministers in Cabinet reshuffle    Spain: prosecutor seeks 8 years sentence for Shakira over tax evasion    Egypt: Alamein Art Festival kicks off a collection of recycled installations    Egypt's athlete Basma Emad wins bronze in weightlifting in Mediterranean Games    Maha karara joins AAIB as Head of Corporate Communications, Sustainability    Egypt works on charting cooperation strategies with international institutions for 5 years: Al-Mashat    Over 2.4 million newborns examined for hearing impairment: Health Ministry    Netflix releases trailer of Arab adaption of 'Perfect Strangers' film    Balqees to headline concert celebrating launch of streaming giant LIVENow in MENA    Sawsan Badr to be honoured at Aswan Women Film Festival    MP Abdel Hady Al-Qasby calls government to facilitate and support NGOs    Al-Sisi follows up on 'Great Transfiguration Project' in St. Catherine    Cairo, London stress need to strengthen cooperation to face climate change    Foreigners account for 22.6% of Egypt's T-bills issuances in 1H 2021: CBE    Egypt's ambassador to Italy passes away    Egypt confirms readiness to help African countries face terrorism and extremism    An estimated 235 million people needed humanitarian assistance and protection in 2021, an increase of 40% compared to 2020: IOM Egypt    Egypt, DRC discuss water cooperation during WYF    Egypt, DR Congo discuss boosting bilateral cooperation during WYF    Cameroonian police probe assault on three Algerian journalists covering AFCON    Pharaohs start AFCON 2021 campaign with fierce clash against Nigeria    Foreign Ministry opens capacity building course for French-speaking African diplomats    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    

Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.

YouTube launches fund to reward short-form video creation in MENA region
Fund will support next generation of mobile creators on platform
Published in Daily News Egypt on 06 - 12 - 2021

YouTube announced on Sunday the launch of its YouTube Shorts Fund in Egypt, Saudi Arabia, the UAE, Algeria, Iraq, Bahrain, Jordan, Kuwait, Lebanon, and Morocco.
Starting 5 December, the company will reward creators and artists who make creative and unique Shorts for their contributions. The global $100m fund was initially announced back in May and is already available in a number of markets around the world.
Shorts is a new feature YouTube rolled out in July for anyone who wants to create short, catchy videos using nothing but their mobile phones. As of July 2021, videos in YouTube's Shorts player – which helps people around the world watch short videos on YouTube – are receiving over 15 billion daily views.
"Since rolling out Shorts in the Middle East and North Africa earlier this year, we've seen great growth in viewership and creation. The Shorts Fund was the logical next step as we build our long-term monetization plan for Shorts," said Tarek Amin, Director of YouTube in the Middle East and North Africa.
"YouTube has helped an entire generation of creators and artists turn their creativity into businesses, and in MENA the number of creators earning five and six figures from YouTube continues to grow year on year. The Fund is yet another tool in YouTube's storytelling toolbox," he added.
In order to be eligible for the fund, creators and must meet the following criteria:
* Channels need to have uploaded at least one eligible Short in the last 180 days.
* Channels need to abide by YouTube's Community Guidelines, copyright rules, and monetization policies.
* Channels uploading videos with watermarks or logos from third-party social media platforms, non-original videos (for example, unedited clips from movies or TV shows), or videos re-uploaded from other creator's channels will not be eligible.
* Channels do not need to be currently monetizing on YouTube to be eligible.
* Creators must be above the age of majority in their country/region.
Qualifying channels can earn anywhere between $100–$10,000 each month to start, with bonus payment amounts adjusted based on the channel's total Shorts performance and their audience's location.YouTube plans to expand the fund to even more countries in the coming months.
The Shorts Creator Fund is one additional way through which creators and artists can monetize their content on YouTube — from advertising to Paid Digital Goods, merchandise, branded content and more.
Over the last three years, YouTube has paid more than $30bn to creators, artists, and media companies. In the Middle East and North Africa, the YouTube creator community continues to grow in revenue and subscription:
* In the United Arab Emirates, the percentage of YouTube channels making 6 figures or more in revenue (AED) is up over 40%, year over year.
* In Saudi Arabia, the percentage of YouTube channels making 6 figures or more in revenue (SAR) is up over 20%, year over year
* In Egypt, the percentage of YouTube channels making 5 figures or more in revenue (EGP) is up over 50%, year over year
* In Egypt, over 4k channels have over 100K subscribers, an increase of over 40%, year-over-year.
* In Egypt, over 400 channels have over 1M subscribers, an increase of over 45%, year over year.
* In Saudi Arabia, over 2.5k channels have over 100K subscribers, an increase of over 25%, year over year.

Clic here to read the story from its source.