It clearly says that yes. Although, if it's just shit design from fonts and whanot, it might they now self-host a service and call it "Ladbible: Videos", which then would mean it isn't necessarily grammatically incorrect. For instance asking "do you think Youtube Shorts is a good service?", people would answer "it's shit" instead of "they're shit".
But the font really does make it look like "Videos is here" is completely it's own thing and I hate it.