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 March 10, 2026, Philo expanded its pay TV plans by adding a new, cheaper subscription tier. The Essential plan, costing $25 per month, is $8 less than the Bundle+ offering, which includes ad-supported versions of HBO Max, Discovery+, and AMC+. This move aims to cater to the preferences of different subscriber segments. Previously, on March 5, Philo announced Andrew McCollum's transition from CEO to executive chairman after more than eleven years, with current COO Mike Keyserling succeeding him as CEO. Keyserling had served as McCollum's partner in building Philo for a decade and held the position of VP of media and production operations at HBO from 2007 to 2014 before joining Philo.