Philo is mountain climbing costs on its legacy plans
It was an excellent trip whereas it lasted, those that’ve been paying much less for grandfathered-in Philo live-TV streaming plans will quickly be going through value hikes.
Beginning on October 3, subscribers to Philo’s $16 monthly and $20 monthly legacy plans will see their month-to-month charges rise to $25 a month, in line with an e mail despatched to Philo subscribers.
The e-mail, which was signed by Philo CEO Andrew McCollum, mentioned that legacy subscribers will achieve entry to 1 yr limitless DVR performance as a part of the worth hike.
Within the message, McCollum famous that Philo had by no means hiked costs on its current subscribers or “compelled them to improve” previous to October’s slated value enhance.
“Sadly, the belief is that we lose cash on our oldest plans, and have for a while,” McCollum mentioned within the assertion. “We’ve accomplished what we will to soak up these prices out of loyalty to our subscribers. However as a way to ship on our values, we’ve to construct a sustainable enterprise, so we’re making adjustments to a few of our subscription plans.”
The value hike was confirmed by a Philo staffer on Reddit. We’ve reached out to Philo for extra remark.
As famous by The Streamable, Philo closed its previous $16 a month plan to new subscribers again in 2019, however had allowed current subscribers to remain on on the identical value.
The brand new $25 monthly Philo plan for legacy subscribers will nonetheless be cheaper than Philo Core, the streamer’s commonplace tier.
Each plans provide entry to roughly 70 stay streaming channels, together with A&E, Animal Planet, BET, SMT, Comedy Central, Discovery, Meals Community, The Hallmark Channel, HGTV, Historical past, HSN, MTV, Nickelodeon and Nick Jr., OWN, QVC, TLC, TV Land, VH1, Vice, and WeTV. 1000’s of on-demand titles are additionally on faucet.
That mentioned, those that keep on with the legacy Philo subscription received’t get a key Philo Core perk: entry to the ad-supported model of AMC+, a bundle that features Shudder, Sundance Now, IFC Movies Limitless, and The Strolling Useless Channel.
Apart from its core channel lineup, Philo gives add-ons for STARZ ($11 a month), MGM+ ($7 a month), Hallmark+ ($8/month), and ad-free AMC+ ($4/month), amongst others.
Philo additionally serves up greater than 110 free streaming channels plus the usage of a 30-day cloud DVR for no cost.