Youtube Introduces New Monetization Option For Channel Owners,

Monetization everywhere, YouTube has joined their counterpart Facebook on the new content monetization race, now YouTube Channel owners can charge a membership fee for subscribers, its tagged dubbed Channel Membership.

This new channel membership option is where the channels subscribers (viewers) pay a monthly recurring fee of $4.99 (N1800)to get unique badges, new emoji, Members-only posts in the Community tab, and access to unique custom perks offered by creators, such as exclusive live streams, extra videos, or shout-outs.

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YouTube claims that this has been successful with this new business model.

Eligibility

To be able to demand such fees from your channel viewers, Your YouTube channel must have not less than 100,000 subscribers
YouTube also mentioned that it will soon expand this feature to eligible channels with more than 100,000 subscribers on YouTube under the new name Channel Memberships.

In partnership with Teespring, YouTube is also offering creators an easy method to design and sell merchandise. Twenty items will be available for customization and U.S.-based channels with more than 10,000 subscribers will be eligible.

A new way for creators to upload content to YouTube called Premieres is also to be introduced, This feature lets creators debut pre-recorded videos as a live moment. YouTube will create a public landing page to build anticipation and hype up new content when creators want to release a premier video.

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