YouTube is currently the world’s largest video streaming platform. On YouTube, users can not only stream videos but also listen to music. If you want to watch ad free videos on YouTube, then you have to take a premium subscription plan. Now Google has given a big shake to the users. The company has hiked the premium subscription plan charges, after which it will become expensive to watch ad-free videos.
Currently Google has not implemented it globally. Google has currently implemented this decision only for US users. Google has hiked the rates for YouTube Music subscription plans, not just YouTube videos. A YouTube spokesperson informed that the company is soon increasing the price of YouTube Premium and YouTube Music Premium for US users. Very soon the new rates will be visible to the users.
Google 5 Rate hiked later in the year
Let us tell you that YouTube has increased the rate of its premium subscription plan after a long time. Earlier, the company had increased the premium charge 5 years back in 2018. Five years ago, the YouTube Premium service was called Red.
It is believed that the company is currently facing stiff competition from Apple Music, Amazon Music and Spotty and that is why the company has increased the premium plan charges. Currently, the company has increased the rates of the plan in America and if this plan is successful, Google can implement it in other countries soon.
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