New internet TV service has $16 monthly tab and no sports

Associated Press |

NEW YORK (AP) — The hook of the latest internet TV service is a low price and no sports.

Analysts estimate that internet TV packages such as Sling TV, YouTube TV and DirecTV Now have so far signed up a few million customers. These services are meant to replace cable TV with a cheaper price and a smaller bundle of channels.

Unlike the existing services, though, Philo doesn't offer many of the networks that are often considered must-have. It lacks sports and the dominant cable news networks and excludes broadcast networks like NBC, ABC, CBS and Fox. Instead, it focuses on music and comedy, scripted series and reality shows, with networks like AMC, Food Network, HGTV, MTV and Comedy Central.

That helps lower its cost to just $16 a month for 37 channels.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer

Comments

Crypto World in Review: Taking in the Good with the Bad

A lot happened in the cryptocurrency industry this week.

Emerging Growth

Margaux Resources Ltd.

Margaux Resources Ltd is a Calgary based resource company. The Company is focused on its Jersey Emeral Tungsten-Zinc property located in the southeast portion of British Columbia.