The former Alaska governor's channel would include video commentary, recipes, parenting tips and video chats with subscribers, who will be charged $10 a month, Capital New York reported.
The digital channel, to be available through Tapp, is expected to launch in April or May.
"Think of it as a video version of her Facebook page," a source told Capital New York.
Palin, currently a Fox News Channel contributor, hosts a reality show on the Sportsman Channel, has 4 million Facebook friends and 1 million Twitter followers.
Notable deaths of 2014 [PHOTOS]