Popular online video sharing platform YouTube has increased the monthly and annual fees of its premium subscription service. This increase in YouTube Premium subscription fees has been applied to various plans.
According to reports, the price of the individual plan of YouTube Premium has been increased, while the family and student plans have also become more expensive.
The company has said that this change has been made to provide better services and continue to support creators.
How much is YouTube Premium subscription fees
An individual YouTube Premium will now cost $15.99 a month. This was $13.99 previously.
While a family plan is now $26.99 per month, it was $22.99 before. The Premium Lite plan for YouTube has been increased by $1, and will cost $8.99 a month now.
YouTube Music customers will see a $1 price increase for individual accounts. It will now cost $11.99 a month.
The family plan has been increased by $2, and it will now cost to $18.99 a month.
According to the new prices, the price of the individual subscription has been increased, while users will now have to pay more on both a monthly and an annual basis.
The aim of this move is to maintain the quality of the platform and provide better facilities to users.
YouTube Premium provides users with features such as ad-free video viewing, background play and offline downloads, while also gaining access to YouTube Music.
The increase comes at a time when the prices of streaming services are continuously increasing globally, and other major tech companies are also making changes to their subscription fees.
Other than YouTube, Netflix and Spotify have also raised prices earlier this year.
YouTube is a widely used American online video sharing platform owned by Google.
YouTube was founded on February 14, 2005, by Chad Hurley, Jawed Karim, and Steve Chen, who were former employees of PayPal.
The app is headquartered in San Bruno, California. It is the second-most-visited website in the world, after Google itself.
