Philo is an Internet-based streaming cable television alternative based in San Francisco, California. The service is privately-held and owned through a consortium of investors, including A&E Networks; AMC Networks; Discovery, Inc. and Paramount Global (formerly ViacomCBS).
Philo converted free trial users to paying subscribers after integrating Stripe and accepting alternative payment forms like Cash App, according to a new case study published this week.
Philo has inked a distribution deal with Kevin Hart’s media company Laugh Out Loud Productions to distribute two of the company’s free streaming channels on its platform
Philo now serves 3.4 million streamers each month with its assortment of premium cable networks and free streaming channels.
Chang previously worked at Verizon Media, later Yahoo, and held roles at Roku and Amazon Studios.
Subscribers who prefer to pay for Philo through Apple will be charged $4 more, though the increase can be avoided with direct billing.
Philo has quietly expanded the availability of Starz and MGM Plus channels available through the platform for those who subscribe to the premium add-ons.
Philo grew its subscriber base by 300,000 in 2024, and is expecting to be fully profitable by next year.
Philo has ranked on Built In’s “Best Places to Work” chart for yet another year, a testament to employee satisfaction and retention at its three offices.
Philo has launched another add-on package that expands the availability of TV shows and movies offered through the platform.
AMC Networks is raising the price of its flagship streaming service AMC Plus, with the cost of the ad-supported plan at $7 per month.
The streaming add-on costs $8 per month, and is available to those who subscribe to Philo’s paid service.
Philo has incorporated a new round of FAST channels into its service, including 11 from Warner Bros Discovery.