Google-owned YouTube is raising the price of its TV subscription to $72.99 per month from $64.99 per month.
The number of YouTube TV subscription users has reached 5 million, according to media reports in July 2022.
The company shared the update on Twitter via its YouTube TV account on Thursday: “An update for our members. As content costs have risen and we continue to invest in our quality of service, we’ll be adjusting our monthly cost, after 3 years, from $64.99/month to $72.99/month, in order to bring you the best possible TV service.”
The price increase for new members begins on March 16, while the price change for existing members will begin on April 18.
Moreover, YouTube said that it is lowering the price of their 4K Plus add-on to $9.99 per month from $19.99 per month.
This is YouTube TV’s first price increase in three years.
The service debuted in 2017 at $35 per month, and in July 2020, the price for YouTube TV services increased from $49 to $64.99 per month.
“We are committed to offering a premium way for you to stream TV, but understand this new price may not work for you. We do hope YouTube TV continues to be your service of choice, but we want to give you the flexibility to cancel at any time,” the company said in a tweet.
