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Streaming Industry Shift: Platform Joins Price Increase Bandwagon

YouTube has very bad news

Streaming Industry Shift: Platform Joins Price Increase Bandwagon
Chema Carvajal Sarabia

Chema Carvajal Sarabia

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As if we didn’t have enough with Netflix or HBO Max, which have significantly increased their prices in recent years, now the folks at Google have decided that it’s time to raise YouTube subscriptions a bit more.

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The price of an individual subscription to YouTube Premium has increased by 2 dollars, reaching 13.99 dollars per month in the United States. YouTube has not officially announced this price hike, but American media outlets have confirmed it simply by visiting the official YouTube website.

Instead of 11.99 dollars, YouTube Premium now costs 13.99 dollars per month. If you subscribe through the YouTube app for iOS, it costs 18.99 dollars due to the cut that Apple takes from all transactions in its store.

A rise that is not announced but that does not stop

At the end of last year, Premium family plans experienced a significant increase to $22.99/month. Fortunately, that rate remains unchanged. The annual subscription, introduced in January 2022, now costs $139.99, representing a $20 increase. Compared to the monthly payment, you save $27.89.

The last time YouTube raised the price of YouTube Premium (formerly known as “Red”) was in 2018 with the relaunch of YouTube Music. However, these are U.S. prices, and we’ll have to wait and see how much it will increase in Spain.

YouTube is also increasing the price of Music Premium to $10.99 per month from $9.99. This is not surprising given Apple and Amazon’s similar moves in the past year. Additionally, YouTube has declared war on ad-blockers.

In the absence of an official announcement, it’s unclear how existing subscribers will be affected or if they will be protected.

As you know, YouTube Premium removes ads (while still supporting creators), allows audio-only playback for videos, and enables downloads for offline access. It also offers a new improved video quality.

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Chema Carvajal Sarabia

Chema Carvajal Sarabia

Journalist specialized in technology, entertainment and video games. Writing about what I'm passionate about (gadgets, games and movies) allows me to stay sane and wake up with a smile on my face when the alarm clock goes off. PS: this is not true 100% of the time.

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