Can't beat it for $7.99/month.
$0.00/month
I'm clearly not the only one who came up with such an idea:
Plus, a comment sibling to this one said YouTube Red has ads, so there's that.
YouTube Premium is ad-free, it says so in their frontpage. Are you saying that's a blatant lie?
That doesn't address my point that content producers should get paid.
From YouTube Premium ad: "Ad-free YouTube, and our new music streaming service, YouTube Music. Services: No ads, Downloads, Background play."
Anyway, now I'm putting my money where my mouth is and am happily watching ad free YouTube content (which I love dearly) on my TV. Totally worth it.
And the fact of the matter is, the ads they do have don't produce enough revenue to support most creators.
I suppose you could argue that's because Google's cut is too high, but in Youtube's case (as opposed to, say, Apple's App Store), I feel Google is providing a substantial service—hosting, encoding, and distributing a huge amount of data.