https://www.cnet.com/news/youtube-music-kicks-youtube-red-to-curb-as-google-streaming-service/

In addition, Google Play Music, the other subscription streaming music service from the same parent company as YouTube, will be going away eventually. In a briefing this week, the company promised it will be closing gaps between the two services over the next month, so Google Play Music members don't lose the features they've grown accustomed to, including a cloud-based MP3 storage locker. 

The new YouTube Music will continue to cost $10 a month, the standard price for a subscription streaming service. The new YouTube Premium, which bundles Music with the original shows and ad-free viewing of the current YouTube Red, will cost $12 a month. That's $2 more than the price for Red today, which already bundled access to the Music service too.