YouTube TV's monthly price has been raised from $40 to $50

YouTube TV now includes the Discovery network's channels

Unfortunately, that's not the case with YouTube TV's newest price hike. The new prices are effective immediately for new subscribers, while existing customers will see the new rate on their May bill.

YouTube TV will be adding eight new channels, including the Travel Channel, HGTV and Food Network, to take the total number of networks to more than 70.

For users of YouTube TV, the lack of Discovery Channel's squad of channels has been a bit of a black eye on the service since day one.

"We are proud to partner with YouTube to deliver our beloved networks, talent and programming to YouTube TV subscribers", said Eric Phillips, President of Affiliate Distribution at Discovery. YouTube TV, which has cracked the 1 million subscriber barrier less than two years after launching, is the latest frontier.

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New customers will have to pay the new price starting today, but existing subscribers won't see the bump until after May 13th.

If you're an Apple user that subscribes to YouTube TV through the App Store, you're looking at an even higher monthly outlay of $55/month.

YouTube TV today announced it is increasing its prices across the board with the new cost coming in at $49.99 per month. For a mere $35/month, subscribers used to get access to unlimited DVR storage space, live sports, news, and TV shows from a wide variety of channels - including the likes of AMC, NBC, and the BBC.

YouTube TV started out at $34.99/month, though the price was raised to $39.99/month not long after. Even at $40, YouTube TV was a good deal. Plus OWN: Oprah Winfrey Network will become available later this year. But at $50 a month, I'm no longer so sure if YouTube TV is a great value anymore.

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