deadline.com
2020
exclusive
Fox
Philo TV Raising Monthly Rate To $25, Streaming Bundle’s First Price Hike Since 2017
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deadline.com
deadline.comEXCLUSIVE: Streaming bundle provider Philo TV is raising its monthly price to $25 from the $20 level where it has remained since launching commercially nearly four years ago.The 25% increase takes effect on June 8 for all new customers.
Current subscribers will be grandfathered in for the $20 rate. Philo said last fall it had surpassed 800,000 total subscribers.Along with the new pricing, the company is adding an incentive for current subscribers to upgrade and pay the extra $5 a month.
It is expanding the duration of DVR storage to one year from the present limit of 30 days.“This is something we have thought a lot about,” CEO Andrew McCollum said of the pricing change in an interview with Deadline. “We’re trying to do it in a way that’s as
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