I signed up for Youtube Red almost as soon as it came out mostly because I got annoyed once too many times by the pre-roll ads. But I'd also realized I was watching more Youtube content than broadcast TV (and I've had a DVR for years). As a very pleasant bonus, the initial subscription gave me Youtube Music - which I absolutely love because the music I listen to is on Youtube in preference to almost any other streaming service (though more of it is on Spotify now).
In my experience, Youtube is almost unique amongst video and audio streaming services because it sits in the middle of them like pretty much no-one else does. Plenty of indie video content, but also licensed content, too. And the music content has the advantage that you have the music videos as well as all the music.
Wade.