Line a 9x13 baking pan with foil or parchment paper and very lightly grease.
Melt milk chocolate and butter in microwave until melted or use a small saucepan, melt the butter over your lowest setting, then add the milk chocolate chips stirring constantly with a small whisk until melted and smooth. Turn off heat and let set to cool.
In a large mixing bowl, add the eggs, vanilla and sugars together and whisk together. Then whisk in the red food coloring.
Whisk in the cooled down melted chocolate mixture into the egg/sugar mixture until combined and smooth. Make sure the melted butter isn't hot, so it doesn't curdle the eggs when you add it.
Add flour, baking powder, salt and cocoa powder together and stir together with a silicone spatula until mixture is completely combined.
Bake 35-40 minutes, until toothpick comes out clean and transfer pan to cooling rack and let cool for 15 minutes.
Refrigerate, covered until cooled to frost or let brownies come to room temperature before frosting.
Cream Cheese Frosting
Place cream cheese, butter, vanilla, salt, confectioner's sugar and cream/milk in mixing bowl. Using a mixer, beat on medium high until well combined. Mix until smooth and creamy.
Notes
Makes 12 large or 24 smaller brownies for 9x13 pan.