YouTube Premium It may not be the most famous broadcast service, but she still has her fans. Our very own Jordan Palmer even claims to be Only the streaming service that pays for itIt offers a lot of fast and fun content without ads. Subscribers get YouTube Music streaming built into their subscriptions.
Unfortunately, Take Crunch (Opens in a new tab) Reports suggest that YouTube Premium subscribers can expect a price hike starting November 21, 2022. The outlet cited several annoying Reddit users who complained that their subscription price was going up.
Specifically, subscribers to the YouTube Premium family plan seem to get a price increase. Based on Reddit posts, it appears that customers are in Canada (Opens in a new tab) and the we They’re seeing the prices of their family plans skyrocket – more than 27%.
For other customers around the world, it seems that the price hike isn’t just limited to North America. In the UK, YouTube Premium family plan subscribers report increases of more than 10%. Twitter (Opens in a new tab)And in Argentina, the price of YouTube Premium for everyone has gone up by more than 290% — not just family plan subscribers.
YouTube Premium: Will my price go up?
While YouTube has yet to make an official public announcement regarding these price increases – we’ve reached out to the service to confirm reports of price hikes – angry customers posting their emails from the streaming platform have given us clues to what the exact price hike is likely to be.
At the moment, it appears that a lot of the price increases are limited to YouTube Premium family plans. Users in the US and Canada are seeing the monthly subscription fee increase from $17.99 to $22.99 and from CAD 17.99 to CAD 22.99, respectively. UK family plans will increase from £17.99 to £19.99.
However, the real shock is the high prices in Argentina. For YouTube Premium, the subscription is said to jump from ARS119 to ARS389; Subscribers to the family plan will see their prices rise from 179 ARL to 699 ARL. Both increases are much higher than what we hear from other parts of the world. Several other countries are also seeing prices rise, including Turkey, Japan, Indonesia, and Brazil.
Unfortunately, TechCrunch says that users with large monthly subscription fees, specifically those with Google Play Music subscriptions, are not immune to this price hike. Fortunately, they can avoid the inevitable for a little longer; It is said that their price hike will not take effect until April 2023.
What are the alternatives to YouTube Premium?
If you’ve had sticker shock and are looking to ditch YouTube Premium after this news, be sure to check out our guide to The best streaming services before switching.
Just keep in mind that YouTube isn’t the only one increasing their prices. Netflix is increasing its prices If you share passwords, ESPN Plus, Hulu, and Disney Plus have seen price hikes lately And the Amazon Prime got a price hike in February. So while it’s certainly frustrating to see all of these companies raise their prices without adding much value, it can be hard for consumers to avoid this wave of inflation.