YouTube Premium subscribers should expect to see higher monthly prices, marking the first increase since 2023.
The streaming platform said the price changes will help it “maintain features our members value most: ad-free viewing, background play, and a massive library of 300M+ tracks on YouTube Music.”
“We continue to offer several plans, ensuring subscribers can choose the option that works best for them,” the company said.
NETFLIX CEO GRILLED DURING HEATED SENATE HEARING OVER TRANS CONTENT FOR CHILDREN: ‘SEEMS STRANGE TO ME’
YouTube Premium offers ad-free viewing, background listening, offline video downloads and full access to YouTube Music Premium.
Under the new pricing, YouTube Premium will cost $15.99 per month, up $2 from $13.99. YouTube Music Premium will rise to $11.99, up $1 from $10.99, while the YouTube Premium Lite plan will increase to $8.99 per month from $7.99.
NETFLIX RAISES SUBSCRIPTION PRICES ACROSS ALL PLANS
The family plan, which allows up to six people in the same household to share access, will increase to $26.99 per month, up from $22.99. Student plans will also rise to $8.99 per month, an increase from $7.99.
JURY FINDS META, GOOGLE LIABLE IN LANDMARK SOCIAL MEDIA ADDICTION TRIAL, AWARDS MORE THAN $6M IN DAMAGES
The latest price increases come as streaming companies continue to adjust subscription costs across the industry. Netflix recently raised the price of its ad-supported tier by $1 to $8.99, while Spotify increased its monthly plan in January from $11.99 to $12.99.
| Ticker | Security | Last | Change | Change % |
|---|---|---|---|---|
| GOOG | ALPHABET INC. | 315.72 | -0.65 | -0.21% |
Shares of Alphabet, the corporate parent of YouTube and Google, are up 0.85% year to date.
CLICK HERE TO GET FOX BUSINESS ON THE GO
Read the full article here
