YouTube Premium to raise prices for users who signed up in 2014

YouTube users who have subscribed to YouTube Premium at the bargain price of $7.99 from the start will soon feel the change in their wallet.

Here's What We Know

Google, the owner of YouTube, has decided to gradually increase tariffs for all users, including those who have been using the lowest price since 2014.

This decision is due to several factors. Firstly, the costs of maintaining and developing the service are rising. Secondly, the company seeks to increase its revenues and invest in new projects.

The price increase process will start with European countries, where users are already receiving notifications of upcoming changes. Other regions, including the US, can also expect similar changes in the near future.

To help users adapt to the new conditions, YouTube will provide them with a transition period. For several months after the announcement of the tariff increase, users will be able to continue using the service at the old price.

Source: r/YoutubeMusic