Pay-TV Bundler Philo Reveals $450M In Annual Revenue, Acquisition Of TVOD Outlet Row8 And...

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Pay-TV Bundler Philo Reveals $450M In Annual Revenue, Acquisition Of TVOD Outlet Row8 And...

Post by Admin » Tue Feb 11, 2025 8:10 pm

And Hiring Of Tubi Alum Edward King In Top Product Role.

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EXCLUSIVE: Pay-TV bundle Philo is hitting some notable operational milestones in its eighth year as a full-fledged pay-TV service.

The company has hit 1.3 million subscribers, posting a 20% year-over-year growth rate in 2024. Disclosing financials for the first time, Philo said it takes in $450 million in annual revenue and expects to turn its first profit this year.

Two other developments can also be revealed by Deadline: the acquisition of TVOD outlet Row8 and the hiring of Tubi alum Edward King as Chief Product Officer. King was VP of Product at Tubi, which was...

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