The $5B is the conditional bit:
The agreement includes a payment of approximately $18 billion, which can be used to fund youth online safety initiatives, among other state priorities. The payment will be distributed in annual installments over a 10-year period. Participating states will receive approximately 70% (approximately $12.7 billion) of the allocated payment over the decade. The remaining 30% (approximately $5.3 billion) will be released only after two specific conditions are met.
- YouTube and TikTok implement a one-hour Daily Limit, Night Mode, and age assurance measures.
- YouTube and TikTok each pay an amount matching the 30% figure, with half of the remaining funds tied to YouTube’s payment and half tied to TikTok’s.