Idk if the price is that ridiculous, the family plan costs me 16 bucks and I have YT premium for my household+. I also have YouTube music from that as well, I find it better than spotify for my use and I dont have to put up additional cost for music streaming elsewhere. There was also youtube premium content (Youtube Red?) if that is still a thing, I remember the Vsauce series being available because of this.

Youtube having no costs is a hot take if ive ever seen one, but I dont think I can say anything about this that hasnt been said.