YouTube Announces New Revenue Sharing Program

Now more than ever there is incentive to create videos for the online video sharing site, YouTube. Aside from being able to connect with a large number of people and create traffic for your websites, you can now potentially earn big money from popular videos. Mashable the social media guide announced today that Google and YouTube will be rolling out the YouTube Patnership Program that will allow any video account that becomes widely popular will be able to opt-in for revenue sharing.

You’ll know that you’ve hit the jackpot when they contact you. According to YouTube’s post on the news, “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.”

After you’ve enabled revenue sharing, YouTube will sell ads opposite your video and pay you via Google Adsense on a monthly basis. The only bad news associated with today’s announcement – individual video partnerships are US-only for the time being.

One man “Michael Bucklely” has been earning a six-figure income from his viral videos since the first implemented the YouTube Partner Program

So if you have a blog and you are using YouTube to promote it, here is a great reason to step up your game and really put the effort into your videos. Not only will it benefit your blog or website, but you might end up earning a nice chunk of change from them.