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The crowded category of so-called “skinny bundle” streaming services that package together linear channels is getting yet another entrant.
The Wall Street Journal reported Monday that A+E Networks, Viacom, Discovery, Scripps and AMC Networks are banding together to form a broadband-delivered bundle of TV networks that will be free of sports, enabling them to charge less than $20 per month. Discovery announced its intent to acquire Scripps earlier this year.
Channel - Package - Philo - Company - Venture
The channel package is said to be dubbed Philo, named after the company powering the venture. The San Franciso-based company had received funding from investors including HBO in recent years with a streaming platform that targeted students attending U.S. colleges.
The new joint venture is expected to launch in beta shortly. Additional details on Philo are scarce, but it will presumably...
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