YouTube to launch $100 million creator fund for Shorts video feature

FILE PHOTO: YouTube logo at the YouTube Space LA in Playa Del Rey, Los Angeles, California, United States October 21, 2015.

(Reuters) - Alphabet Inc's YouTube on Tuesday announced a $100 million fund to pay content creators who make hit videos on its new short-form video feature Shorts, as YouTube aims to court more influencers.

The fund will launch in the coming months and pay creators this year and 2022, YouTube said.