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YouTube could launch on-demand music service

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Google-owned video service YouTube is reportedly vying for a piece of the online music market.

Similar to Spotify and Pandora, YouTube's service would have free and premium versions, according to a Billboard.com report. The article cites several sources familiar with the plans, though YouTube officials declined to comment.

According to the report, the premium tier would be a soft sell, as YouTube is continuing to focus on providing full content to all users.

Google already operates a similar service dubbed All Access.

Read more from Billboard.com.

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