YouTube made the announcement at itsMade by YouTubeevent, a presentation catering to video creators.

The news was earlier reported byThe New York Times.

Each month, YouTube will pool the money from all its Shorts ads.

One portion will be dedicated to paying music licenses.

Another will be allocated to creators, who get 45% of that portion.

Each creator will be paid proportionally based on their share of total Shorts views that month.

Earlier this year,TikTok said it was exploring its first ad revenue-sharing program.

TikTok declined to comment.

Google-owned YouTube, which has2 billion monthly users, is the world’s biggest source of online video.

(Thatfigure, however, that hasn’t been updated in more than three years.)