andrew facebook philo

Philo has launched a $16-a-month internet TV package with programming partners like A+E, AMC, Discovery, Scripps, and Viacom.
The package cuts out sports, a major source of cost for most TV packages, but that means it also cuts out the major broadcast networks.
In the long run, Facebook founding member and Philo CEO Andrew McCollum wants build a truly “social” TV platform, though he’s not the first to try.

If you love cable TV but don’t like sports or CNN, a startup called Philo has a new internet TV package to sell you for $16 dollars.

Over the last year, a slew of companies — from DirecTV to Hulu to YouTube — rolled out “over-the-top” TV packages that deliver your favorite shows over the internet (like Netflix or Hulu). They joined the first movers in that market, Sling TV and PlayStation Vue. While these new entrants touted slick interfaces, the packages they delivered were largely similar to cable TV ones, and at comparable prices in the $30 to $40 range.

There’s a reason for that: most had sports as a central component, and sports programming is expensive. (In 2016, ESPN alone cost $6.10 in carriage fees per subscriber.)

But then around April of …read more


Source:: Businessinsider – Tech

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