There's a lot of questions to be answered here about how this affect their Google Play Music streaming service (and their cloud locker), as well as Family Plan users signed up for YouTube Red and we're going to have to wait for Google to answer them when they launch the service next week. There will be a trial period, according to the report, and after that the new subscription music service will cost $10 per month, putting it right in line with the major competitors, like Spotify and Apple Music.
Like Google's messaging focus, YouTube's efforts to spin out successful streaming and music products has felt confusing and haphazard. There will be other "bells and whistles", but there's no word on what those might be just yet.
If you're a Google Play Music subscriber, Google says "you get a YouTube Music Premium membership as part of your subscription each month".
But that's not all.
The news does also mean that YouTube Red is changing and will get a new name: YouTube Premium.
What do you think of these changes?
In addition to millions of official songs, other content includes thousands of playlists, artist radio, remixes, covers, and live versions. "For the first time, all the ways music moves you can be found in one place".
YouTube Music's personalized home screen dynamically adapts to provide recommendations based on people's listening history, where they are and what they're doing.
"They're incorporating all your viewing on YouTube to build your favourites", noted Lefsetz - those gasps of horror you can hear are parents everywhere thinking about all those nursery-rhymes their kids binged in the past while logged in to the parental account.
"YouTube Premium includes ad-free, background and offline across all of YouTube, as well as access to all YouTube Originals including Cobra Kai, Step Up: High Water and Youth & Consequences", YouTube said.
Last year Google confirmed the engineering teams working on Google Play Music and YouTube Music had joined forces, and it seems likely that we'll eventually see everything that you can buy digitally from Google rolled into YouTube - music, movies, TV shows, and so on, though that's just speculation for now.
Google says Premium is coming soon to Austria, Canada, Denmark, Finland, France, Germany, Ireland, Italy, Norway, Russia, Spain, Sweden, Switzerland, and the United Kingdom.
The initial launch includes the United States, Australia, New Zealand, Mexico, and South Korea.
To sign-up to be notified of the launch, hit up this link.