Update: Market Chatter: Google Proposes to Launch YouTube Lite in South Korea

MT Newswires Live

Jul 16, 2025

(Updates to include Google's comment in the last paragraph.)

Alphabet's (GOOG, GOOGL) Google has proposed to launch a cheaper video-only YouTube subscription plan in South Korea to resolve antitrust concerns, Yonhap News reported Tuesday, citing the country's Fair Trade Commission.

The new YouTube Premium Lite will not include the music streaming component and will cost 8,500 South Korean won ($6.15) per month for Android users and 10,900 won for iOS users, nearly half the price of its existing premium plan, which bundles both video and music streaming features, the report said.

Google also said it will freeze prices for both YouTube Premium and YouTube Lite plans for at least one year and establish a 15 billion won fund to support the country's music industry.

The FTC said it will gather feedback on the proposal through Aug. 14 before taking any action, Yonhap reported.

Google confirmed to MT Newswires that it plans to launch YouTube Premium Lite in South Korea within 90 days of receiving FTC approval.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 184.63, Change: +1.53, Percent Change: +0.84

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p><p>Price: 184.63, Change: +1.53, Percent Change: +0.84</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU1244550577.SGD","symbol_name":"FTIF - Franklin Global Multi-Asset Income A (Mdis) SGD-H1","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2551125224","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2551125224","pubTimestamp":1752673938,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: 184.63, Change: +1.53, Percent Change: +0.84","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"productRelease","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}