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Philo Raises Price 1st Time In 4 Years

Y2kTheNewOldies

Y2kTheNewOldies

tvanswerman.com

Philo Raises Price 1st Time In 4 Years - The TV Answer Man!

Philo has revealed it will raise its base price from $20 a month to $25 a month for new customers,
tvanswerman.com tvanswerman.com

Philo has revealed it will raise its base price from $20 a month to $25 a month for new customers, effective June 8.



This will be the first price increase for the live streaming service since its launch in 2017. Existing customers will continue to pay $20 a month as long as they maintain their subscriptions.

In a blog at its web site,, Philo CEO Andrew McCollum blamed the price hike on the escalating cost of acquiring programming from the networks. Philo offers more than 60 ‘basic cable’ channels such as AMC, A&E, TV Land, OWN, Lifetime, Comedy Central, MTV, Game Show Network and BET. You can see the complete list here.

“So, why are we doing this?” McCollum writes. “Maybe this seems like a strange question to ask since it is common for TV services to raise their prices year after year, sometimes by eye-popping amounts.
Click to expand...

Yes Retrans deals are at play here.
 
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