My channel contains cover songs which are entirely produced by myself. On previous networks i have had the abillity to split the ad revenue percentage with the original composition owner. This enabled me to monetize my videos, something of which i can not

Ad revenue splitting is not an option that is available to Premium networks. In order to monetize cover songs you would need to purchase the correct licenses. Once the correct licenses have been purchased YouTube will allow you to monetize your content.

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What royalties do music platforms collect?

We explore the different kinds of royalties artists can collect across music platforms and services.

How to get an Apple Music artist page

Once you claim your artist page on Apple Music you can keep track of your stats and customize your profile.