YouTube has announced a series of changes to its service that could enable creators to make more money on their online platform. The announcement came at Vidon, an annual video conference for online video makers and fans, according to

Chief Product Officer Neil Mohan announced users will now be allowed to charge a monthly membership fee of $4.99 in exchange for exclusive access to live streams, extra videos or shout-outs, according to Facebook and Instagram made similar announcements earlier in the week, with the idea of rewarding creators.

The feature is available to channels with more than 100,000 subscribers.

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