Philo, a privately owned company headquartered in the US, was founded in 2011 and employs approximately 140 individuals. The company reported $94.2M in revenue as of 2023 and functions as a tier 1 media tech buyer. It specializes in providing media and TV services as an internet television company.
On June 22, 2026, Philo implemented pause ads, allowing advertisers to reach its subscriber base through this new format. Previously, on May 19, Philo expanded its free streaming lineup by adding 12 new ad-supported channels from Warner Bros. Discovery. These additions, which include titles such as "All Out Alaska," "MythBusters," and "Say Yes to the Dress," became available to both free and paid users, increasing the total number of live ad-supported channels to over 140. This followed a May 12 announcement that Index Exchange made programmatic access to pause ad inventory available across several streaming services, including Philo, through its sell-side technology.