YouTube adds money-making feature to attract creators

Reuters

Published Jul 20, 2021 17:08

By Sheila Dang

(Reuters) - YouTube on Tuesday launched a new way for video creators to earn money from fans through a feature called Super Thanks, as the Alphabet (NASDAQ:GOOGL) Inc streaming service looks to attract more content makers.

The feature, a fourth way for YouTubers to earn money from their viewers, comes as competing platforms like short-form video app TikTok and Facebook Inc (NASDAQ:FB)'s Instagram are investing heavily to court creators filming viral videos.

Fans can purchase Super Thanks at four price points, from $2 to $50, as a way to express gratitude and support their favorite YouTube channels, the company said in a statement.

After a purchase on a video page, a highlighted comment will appear in the comment section, allowing the creator to respond to the fan's gift with a comment.