This week at the OTT & Video Distribution Summit, Philo’s Mike Keyserling revealed that Philo is seeing its growth accelerate, noting that Philo is coming off the best month in the history of the company.
“There’s been a lot documented recently about how the MVPDs are taking a pause or even reducing their size. We’re just not seeing that dynamic at all,” Keyserling said at the OTT & Video Distribution Summit hosted by MCN. “We grew by 30% in the last eight weeks, and we’re really at the most accelerated growth in our company’s history.”
Many people have wondered if live TV streaming services like Philo are slowing down since AT&T TV NOW has lost subscribers this year and Sling TV has seen growth slow down. But Philo says they are setting records.
Hulu has also recently reported strong growth and has more than 2 million live TV subscribers. Other services like YouTube TV have not officially reported their numbers but say they are seeing strong growth.
Philo did not disclose exact subscriber numbers but the strong growth is a good sign for the discount live TV service that offers 58 live channels including AMC, BBC America, The Hallmark Channel, and Discovery for $20 a month.
Do you use Philo? Leave us a comment and let us know what you think of the service.
Source: MultiChannel News
Did you know we have a YouTube Channel? Every week we have a live Cord Cutting Q&A, and weekly Cord Cutting recap shows exclusively on our YouTube Channel!
Subscribe to our YouTube channel for our live Q&A, weekly news recap, and more.
Follow us for more cord cutting news, tips, and reviews.
Plus, join our Tech Support Facebook Group for cord cutting support from our community.
Sign up for our newsletter
Get our weekly newsletter, the latest deals, and much more.