YouTube Premium Price Hike in 2024: What It Means for Individual, Family, and Student Plans in Malaysia

In 2024, YouTube Premium is seeing a price hike across several regions, including Malaysia. This change impacts individual, family, and student subscription plans, and subscribers need to be aware of the new pricing structures.

YouTube Premium: What’s Changing?

YouTube Premium has been a popular service for users looking for an ad-free experience on YouTube, offline downloads, and access to YouTube Music. However, starting in September 2024, the subscription cost will be adjusted as follows:

Detailed Pricing for YouTube Premium in Malaysia

• Individual Plan:
  • Old Price: RM17.90/month
  • New Price: RM20.90/month
  • This plan includes ad-free video streaming, offline downloads, and YouTube Music.
• Family Plan:
  • Old Price: RM26.90/month
  • New Price: RM34.90/month
  • The Family Plan allows up to six members to share the subscription, making it cost-effective for households.
• Student Plan:
  • Old Price: RM10.90/month
  • New Price: RM12.90/month
  • Available for verified students, offering all the features of the individual plan at a discounted rate.

Why the Price Increase?

Google has not provided an official statement on the exact reasons for the price hike, but it is likely driven by rising operational costs, continued improvements to the platform, and expanded features like YouTube Music and premium content offerings.

How Will It Impact Users?

For Malaysian users, the price increase may seem minimal on a month-to-month basis, but over time, it adds up. The Family Plan, for instance, will now cost an additional RM8 per month, amounting to nearly RM100 more per year. Subscribers should evaluate whether they still find value in YouTube Premium or if they should consider alternatives.

Should You Keep Your Subscription?

With the rising cost of streaming services, it’s worth reassessing whether YouTube Premium is still a must-have. If you’re frequently using YouTube for ad-free streaming, music, or offline downloads, the service remains competitive despite the price increase.

While the new pricing for YouTube Premium might cause some users to reconsider their subscription, the service still provides a premium experience for those who value ad-free content and YouTube Music. Be sure to evaluate whether the updated prices align with your needs and budget.

Would you continue subscribing to YouTube Premium after this price hike? Let us know in the comments below!