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Google raising price of YouTube Premium to $13.99 per month
(9to5google.com)
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It's weird that it costs so much when some streaming services are cheaper and they can afford to create content and youtube just pays its content creators a tiny bit of ad revenue.
Probably because it helps a bit to offset their high losses for infrastructure (servers, bandwidth, storage, compute for compression, search, indexing and backups, electricity, networking, employee wages)
To be fair YouTube pays them more for premium subscriber views.
Yeah, I can't disagree honestly. The Disney+/Hulu/ESPN ad free bundle is like $20/month usd.