Yes - and YT is still losing money on that transaction. $16 will become $11.20 after apple takes their cut.
> During a subscriber’s first year of service, you receive 70% of the subscription price at each billing cycle, minus applicable taxes. After a subscriber accumulates one year of paid service, your net revenue increases to 85% of the subscription price, minus applicable taxes.
Source: https://developer.apple.com/app-store/subscriptions/#revenue...