YouTube hikes prices for US premium subscribers for the first time

FILE PHOTO: Silhouettes of laptop and mobile device users are seen next to a screen projection of the YouTube logo in this picture illustration taken March 28, 2018. REUTERS/Dado Ruvic//File Photo

(Reuters) -YouTube, Google's video streaming platform, hiked prices on its monthly and annual premium plans in the United States for the first time since the subscription service was launched in 2018.

The YouTube Premium plan would cost $13.99 a month in the U.S., up $2 from before, according to the company's website on Thursday. The price for its annual plan was hiked by $20 to $139.99.