The channel has also been demonetized as a result of the suspension, YouTube added.
"Since early in this pandemic, we've worked to prevent the spread of harmful misinformation associated with COVID-19 on YouTube.After careful review, we removed a video from OANN and issued a strike on the channel for violating our COVID-19 misinformation policy, which prohibits content claiming there's a guaranteed cure," YouTube said in a statement.
"Additionally, due to repeated violations of our COVID-19 misinformation policy and other channel monetization policies, we've suspended the channel from the YouTube Partner Program and as a result, its monetization on YouTube.".
To make money off videos going forward, OANN will have to reapply to the YouTube Partner Program.
On November 7, YouTube updated the box to say that the Associated Press had declared Biden the winner of the election.