Philo continues partnership with Best Buy, launches new trial deal
Streaming television service Philo is extending a partnership with electronics retailer Best Buy by offering customers a new trial deal.
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).
Streaming television service Philo is extending a partnership with electronics retailer Best Buy by offering customers a new trial deal.
Philo is offering a curated collection of television shows and movies that celebrate women in honor of Women’s History Month.
Wallet-friendly streaming TV service Philo added the AccuWeather Channel on Tuesday on the same week a series of strong winter storms are forecast to sweep through the United States.
The move shows financial strength in a company that’s barely three years old — and helps teach the old media guard some new tricks about long-term goodwill.
Philo CEO Andrew McCollum said the company has crossed more than 800,000 subscribers over the last three years.
Philo announced the addition of two new channels on Tuesday while pledging to keep its base subscription price the same for new and current customers.
The move brings greater exposure to the wallet-conscious streaming TV service.
Responding to a question posed by a Redditor, Philo CEO Andrew McCollum says the budget streamer wants to bring customers AMC Plus.
Google has been directing its Fiber internet customers to streaming TV services since February.
A blockbuster merger between Viacom Corporation and CBS Corporation will not impact Philo’s ability to carry Viacom-operated cable networks for at least another year.
The high cost of sports and other programming means companies like YouTube TV might have to increase prices without adding channels or features.
In a quarterly earnings call on Wednesday, Discovery’s CEO quietly acknowledged the company’s dependency on upstart Philo.