The royalty rate for YouTube varies based on advertising; you are only owed a tiny fraction of a penny per each YouTube play, if your videos are properly monetized. The rate will also depend on factors like how long a video is watched, how many comments the video has, and more. Earnings are split between, in most instances, the content owner, the sounds recording owner, and the writer/publishing share for the underlying composition.
Our Songtrust Youtube Monitor allows anyone to locate videos that are using their song and claim it in order to earn royalties from the views. For instance, if someone covers your song or records your live set and posts it on Youtube, you can earn royalties from it.