this post was submitted on 20 Jul 2023
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We get 3 months at our current rate and then they're bumping us up to this new price.
"Existing subscribers will start to see the new pricing with their next billing cycle. An upcoming email will explain the changes. Those who were grandfathered in five years ago (with Google Play Music and/or YouTube Red) will get three additional months at their current rate."
https://9to5google.com/2023/07/19/youtube-premium-price-increase/