Google's current services for music and video overlap a bit... to say the least. There's YouTube Red, which gives you ad-free videos and some bonus features. Then you have YouTube Music, which is more oriented towards music videos, and requires a YouTube Red subscription. Google Play Music is purely music-based, and functions as both a streaming service (like Spotify) and a storage location for your vast collection of MP3s.

Rumors have been circulating for months about a new service, believed to be named 'YouTube Remix.' It would replace Google Play Music, and presumably YouTube Music as well. We discovered the 'YouTube Premium' name in an APK teardown last month, adding more to the mystery. Today, Google has unveiled not one, but two new YouTube products. Kinda.

Let's start with YouTube Premium, which is replacing YouTube Red. You still get no ads on videos, background playback on mobile, and the ability to save videos for offline playback. It's more expensive - $11.99/month in the United States. If you're already a YouTube Red member, or you join soon, your monthly bill won't go up.

Google says Premium is coming soon to Austria, Canada, Denmark, Finland, France, Germany, Ireland, Italy, Norway, Russia, Spain, Sweden, Switzerland, and the United Kingdom. YouTube Premium also includes the new YouTube Music Premium.

You may be thinking, "wait a minute, there's already a YouTube Music!" You're right, but Google wants you to forget about that. Right now, Music is just a modified YouTube app that requires a Red subscription. Soon, it will be its own service, complete with a new desktop player.

The service will have an ad-supported version, similar to Spotify. To get rid of the ads, you either need to pay $9.99/month for YouTube Music Premium, or subscribe to YouTube Premium for $11.99/month (which includes YouTube Music Premium). It seems like the streaming component of Google Play Music will eventually be replaced by YouTube Music, but that's not happening right now:

If you are a subscriber to Google Play Music, good news, you get a YouTube Music Premium membership as part of your subscription each month. And if you use Google Play Music, nothing will change -- you’ll still be able to access all of your purchased music, uploads and playlists in Google Play Music just like always.

There's no ETA for the launch of YouTube Premium, but the new YouTube Music will start rolling out on Tuesday. Here's a handy chart explaining the differences between the two services:

So in summary, YouTube Red is more expensive and includes a music service, YouTube Music will get a web player soon, and Play Music is still in limbo.

UPDATE: 2018/05/17 9:25pm PDT BY

This story previously stated that Play Music would be partially replaced by YouTube Music. While it does look like Play Music could be deprecated in the future, it is not going anywhere for the time being:

YouTube Music Developer: Google LLC
Price: Free
4.5
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YouTube Developer: Google LLC
Price: Free
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Source: YouTube Blog (1, 2)