Overview
- The Fair Trade Commission will gather feedback on Google’s Premium Lite proposal until August 14 before deciding on the consent decree.
- YouTube Premium Lite is priced at 8,500 won per month for Android users and 10,900 won for iOS users, about half the cost of the bundled service.
- Google has pledged to freeze subscription rates for both the new Lite tier and existing YouTube Premium plans for at least one year.
- Discount plans through local telecom providers and retailers are expected to benefit up to 2.1 million consumers.
- If approved, Google must roll out Premium Lite within 90 days and will offer a two-month free trial to new subscribers and existing Premium users who switch.