Five media companies are looking to upend the burgeoning live TV streaming bundle market, with an entertainment-focused, sports-free offering called “Philo” for consumers priced at less than half of its competitors.
Philo will feature 37 channels from Viacom, Discovery Communications, A+E Networks, AMC Networks and Scripps Networks Interactive at $16 per month. While that’s less than half of the of the $35-$40 price point offered by the likes of DirecTV Now, Hulu, Sling and YouTube TV, the bundle lacks broadcast networks as well as sports programming.
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