YouTube is planning to start selling subscriptions to select channels for $1-$5 per month in a scheme which could be launched as soon as the second quarter of this year, according to reports.

The Google-owned site plans to take about 45% of subscription revenues for the paid-for channels and give the rest to the channel producer, according to sources.

A YouTube spokesperson said: “We have long maintained that different content requires different types of payment models,

“There are a lot ...