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YouTube to offer paid-for content

Jan 31, 2013, 12:43 PM EST
Visitors walk past a YouTube stand during the International Record Music Publishing and Video Music Market (MIDEM) in Cannes Jan
REUTERS/Jean-Paul Pelissier

The Google-owned video site has approached producers for the creation of paid-for channels. Subscriptions to channels are rumored to be available in the U.S. later this year for amounts ranging from $1 to $5. Online libraries and live events could be among the paid-for content.