YouTube reveals plans for monthly subscription to remove its ads

New paid tier will launch later in 2015, but channel owners who opt out will have to make their videos private

YouTube is planning to launch a subscription version of its online video service, for which viewers will pay to remove its advertising.

The Google subsidiary announced its plans in an email to channel owners, while also informing them that if they do not sign up to participate, they will have to set all their videos to "private".

Related: YouTube: Hank Green tells fellow creators to aim for '$1 per view'

"If you choose not to participate in our new paid offerings, you can change your video settings to private to keep videos hosted on YouTube. Though you can always choose whether to host any or all of your videos on YouTube, we strongly believe that any fan who's willing to pay for a feature like an ads-free experience on YouTube deserves to access the exact same content that exists on the ad-supported site."