Great news from YouTube for the user generated content community – individuals can finally make money with their own YouTube videos. Here is the announcement from Shenaz Zach, Product Manager at Google:
“We decided it was time to spread the wealth. Today we’re excited to announce that we’re extending the YouTube Partnership Program to include individual popular videos on our site. Now, when you upload a video to YouTube that accumulates lots of views, we may invite you to monetize that video and start earning revenue from it. To determine whether a particular video is eligible for monetization, we look at factors like the number of views, the video’s virality and compliance with the YouTube Terms of Service. If your video is eligible for monetization, you will receive an email and see an “Enable Revenue Sharing” message next to your video on the watch page, as well as in other places in your account <...> Once you’ve chosen to enable revenue sharing, YouTube will sell advertising against your video and pay you a revenue share into your Google AdSense account each month.”
