Earlier this month, we reported that YouTube may be considering some form of paid video service, in an effort to introduce a new stream of revenue. This week, VentureBeat followed up with even more news, indicating that the company may be moving forward with a paid, ad-free program.

The company shuffled off a letter to content creators, indicating that it would be introducing the plan in a matter of months.

“Your fans want choices,” the letter reads. “Not only do they want to watch what they want, whenever they want, anywhere, and on any device they choose, they want YouTube features built specifically with their needs in mind. Over the past several months, we’ve taken bold new steps to bring these experiences to life. Since inviting hundreds of thousands of fans into our YouTube Music Key Beta, we’ve seen tremendous engagement. And we’ve seen an equally enthusiastic response for our new YouTube Kids app, designed to give families a simpler and safer video-viewing experience – it’s already crossed two million installations in less than one month.

“We’re excited to build on this momentum by taking another big step in favor of choice: offering fans an ads-free version of YouTube for a monthly fee. By creating a new paid offering, we’ll generate a new source of revenue that will supplement your fast growing advertising revenue.”

With the program, content creators will still make a reasonable amount of money with paid content, with a healthy dose of revenues created from subscriptions going back to them. The terms of service surrounding said creation should be updated on the site by June 15. “YouTube will pay you 55 percent of the total net revenues recognized by YouTube from subscription fees that are attributable to the monthly views or watch time of your content as a percentage of the monthly views or watch time of all or a subset of participating content in the relevant subscription offering (as determined by YouTube),” said the statement. “If your Content is included in and viewed by a user in multiple subscription offerings, YouTube will pay you based on the subscription offering with the highest amount of net revenues recognized by YouTube, as calculated by YouTube.”

This move would put YouTube in competition with various other streaming sites, including Netflix, Hulu and the recently launched HBO Now. It could also draw in potential new streamers to be featured on the channel, but without such of a heavy focus on companies to advertise – although there would still be plenty for those who prefer not to take the subscription route.