Whenever a rival streaming service raises its prices, Philo sends emails boasting that its live TV service still costs just $ 20 a month. But starting June 8, Philo will increase its subscription fee to $ 25 per month for new subscribers. It̵
Existing Philo subscribers will continue to pay $ 20 a month for now. However, Philo offers DVR storage for a year to customers paying the $ 25 fee, an improvement over the current 30-day DVR storage limit. (Current subscribers will be able to switch to the $ 25 plan through their account settings starting June 8, but will not be forced to do so.)
Philo attributes the price increase to the rising costs of streaming contracts. It’s the same story we’ve heard from YouTube TV, Sling TV, Hulu with Live TV, and other platforms increasing their subscription costs.
As streaming contracts become more expensive, streaming services will too. And as companies keep launching new services, customers are constantly forced to subscribe to more and more platforms. It gets to the point where some people, and especially live TV subscribers, are thinking about switching back to cable. It’s a crappy situation with no end in sight.
Source: Philo via Droid Life