Philo, which launched in the U.S. in 2017, has reached 750,000 subscribers to its non sports streaming bundle, up 300% in the past year. On Wednesday, the company got a shout-out from DiscoveryR…
On Wednesday, the company got a shout-out from Discovery’s David Zaslav. During an earnings call with Wall Street analysts, the CEO said Philo has been a valuable driver for the company, which has carriage for networks like HGTV, OWN and the Discovery Channel on the service.
prices. Even streaming bundle players like Hulu and YouTube TV, whose initial premise was consumer value, have had to raise rates significantly as they have added networks, especially those featuring sports.Disney+ Passes 60.5M Subscribers, Reaches 5-Year Streaming Goal In First Eight Months - Update
Originally known as “skinny bundles,” these streaming TV packages services have generally had to keep raising prices in order to make the economics work. As they get pricier, they more closely resemble conventional pay-TV systems and subscriber growth stalls. Philo has managed to avoid that same roller-coaster by sticking to its initial strategy.
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