November 9, 2020
Budget online TV service Philo Nov. 8 disclosed it has topped 800,000 subscribers since launching in 2017. That’s up almost 7% since cresting 750,000 subs at the beginning of August.
CEO Andrew McCollum made the announcement at The Stream TV Show about the online TV service that costs $20 monthly for access to 60 pay-TV channels. That’s cheaper than online TV pioneer Sling TV. Only T-Mobile’s upstart TVision Vibe is cheaper at $10 monthly.
“I can’t say that the price of Philo will never go up,” McCollum said in a question about loss-leader pricing. “But we definitely put a lot of effort into keeping it as low as we can.”