What You Need To Know About Cutting the Cord With Philo CEO Andrew McCollum
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- เผยแพร่เมื่อ 31 พ.ค. 2024
- ONLY ON MICHAEL SAVES: Philo CEO and Facebook co-founder Andrew McCollum talked to me about the state of streaming TV and what changes cord cutters can expect in the future. What is the biggest obstacle for cord cutters? Is bundling good or bad? Can we expect more flexibility with the pay-TV bundles? Andrew touches on these topics and more in our in-depth interview, plus I asked him some of your questions. Get my cord-cutting guide for beginners here: michaelsaves.com/streaming/ho...
This video was published in April 2022.
📔Chapters:
0:00 Andrew McCollum Talks to Michael Saves
0:35 Andrew’s Journey from Facebook Co-Founder to Philo CEO
2:57 Philo’s Unique Approach to Live TV Streaming
5:10 The Biggest Obstacle Facing Cord Cutters
7:22 The Value of Linear TV vs. Streaming Services
9:45 Would Philo Consider Adding On-Demand Services to its Bundle?
11:12 How Live TV Bundles Work and May Evolve Over Time
17:32 What It Takes to Get Streaming Apps on Various Devices
21:46 Providing Incentives for New and Existing Subscribers
24:48 Does Cutting the Cord Still Save You Money Compared to Cable?
27:10 What’s Next? The Future of Streaming TV
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Thanks for having me, Michael - I really enjoyed the conversation, and I'd love to do it again sometime! I think I'll have to figure out a better quality A/V setup next time, too. I'm always baffled when I go visit the offices of the biggest TV programmers and they have the absolute worst A/V equipment setups in their conference rooms, but now I feel like I'm the pot calling the kettle black!
Thank you for your time, Andrew. I learned a lot from you! And very cool of you to directly reply to some of the comments on the video. Class act.
How's the co-viewing feature coming along because you all haven't spoke about in like three years
@@kt8317 - work continues. It is disappointing that we haven’t been able to launch this publicly, yet. We deserve the criticism.
@@andrewmccollumphiloceo6311 other than that I love the service I been with the company since April 2018 keep up the great work
Thank you Andrew for creating Philo. I was greatly missing my non movie cable channels and began to regret cutting the cord. I ran across an ad for Philo and tried the free trial. I never looked back. The price is amazing and the content is perfect for me. Thanks again!
Philo is the only streaming service that I have remained loyal to, and they never raised my rates.
I'm new to Philo and I love it. It has all of the cable channels that I watched without having to get an exorbitantly priced cable service. I wish I knew about them sooner. Great job Andrew!!! Very informative interview Michael!
Michael... Perfect.. I'm a long time Philo subscriber.. I've loved it from the beginning... You've picked a winner to interview... Good work... Thanks
Thanks for this! I'm a big Philo fan and this was very interesting. They have great customer service too. About a month ago, some of my saved shows stopped being marked as new. I reached out to them and in no time at all, everything was back to normal
Thank YOU for watching the interview. I am glad you've found a streaming service that you like!
Thanks! Glad we were able to get it straightened out!
FANTASTIC an informative video with Philo CEO! A lot of insight to the future of Philo. I had Philo when Locast was still available and loved it. It was affordable and had the content I wanted. Unfortunately when Locast closed shop and I couldn't get local channels from an antenna, I moved on to TH-cam tv. THE local broadcasting channels should be forced to expand airwave broadcasting. It's not like their not making a ton of money! Keep up your great video's!
I agree. The locals are a major issue. I just don’t see it changing anytime soon.
Filo "was" a great add-on to YTTV at one point then YTTV added the "missing" content. The underlying problem with all cable TV is the forced package requirements from the OEM providers, these mega mergers are so incredibly anti-consumer.
I agree about the mergers being anti-consumer. And although it's a nice thought that the content partners would be more flexible, I'm waiting to see it in action.
@@MichaelSaves .. Disney is a good example of using its leverage for excessive price gouging. I can understand similar and overlapping content as a package, but having everything "at will" per channel granularity e.g. 100% per channel à la carte also can have its drawbacks to the OEM providers. Everyone would cancel them off-season or to binge watch via a click.
Awesome interview with the CEO of Philo. Best thing to do is to join a Facebook group for cord cutters. I’m grandfathered in at $20/month for my loyalty to Philo. Even the $5 raise is worth it because they’ve included unlimited DVR for a year. Huge VOD content and they make it easy looking for VOD content by just clicking “Top”.
Thank you Philo for loyalty to original suscribers. Some of us on limited incomes can only afford the orig. price & Philo offers all the channels I like to watch. Bless you.
Always interesting. For me Cord Cutting started out as a way to save money. But, over time what became more important to me is portability of content as I travel and not being locked into a long term contract. Granted though if TH-cam TV offered a 25% discount to sign up for a years service I would probably jump at it.
6 months into Philo....It is working for us. One needs a guide to make cutting the cord easier. We transitioned from cable several yrs ago with playstation vue....then that ended so we went to youtube tv and that was pricey...but it had the guide...then it went up $25. Stopped that and went to Philo. It sucks that local channels that used to be free on a regular tv you have to pay for if you don't have an antenna...no rabbit ears will help.
Excellent interview. You are helping me hack my way through the cord-cutters jungle. Michael mentioned much of what I am going through and I'm going to try Philo along with Frndly and an antenna and hope for the best. I see that Frndly has added METV which carries Dragnet and Adam 12 two of my favorites that are hard to find. One problem I have with my current service is with cloud DVR playback it doesn't show the screen so I have to estimate on where to resume the program. A minor pain.
Congratulation on the interview with the CEO of Philo. It was a great interview and a lot of great information about Philo.
Thank you for watching! I think he said a lot of things to educate people, which is great.
Thanks for interview with Philo CEO. Please do more interviews with other streaming service personnel about their service and their thoughts on the Live Tv streaming business
Thanks. I'll try!
We love learning about cord cutting. At 70, it's scary. We like local channels and sports and just don't know which way to go.
Would be a good time to test TH-cam TV. 2 weeks free and first month only $15. You can see if you like it and cancel if you don't.
@@MichaelSaves thank you! But how do I add it onto my LG TV?
@@elaimalagarie5287 If you have a newer smart LG TV (2016 or newer) then the TH-cam TV app is likely available on your TV. If not, you would need a streaming device like a Roku, Amazon fire stick, etc. which you can get for under $50
@@MichaelSaves . I just went to TH-cam TV and when I click on the free "it's our birthday " $50 off, it takes me to the basic plan and it says $54/month for first 3 months with only 7 days free. Am I doing something wrong? 🤔
We don't care for sports and get all the news we need from the networks and locally with the antenna. Philo and HBOMax and I'm golden.
Reviewed Philo lineup and its decent but a streaming service without TCM is a deal breaker for me.
You can get it on HBO Max and with the Criterion Channel that would come under with $50 a month with a Philo subscription if you like classic entertainment. Of course as Andrew pointed out, bundling a package like that without raising the cost to customers is a challenge and a bundle offering like that would make a Philo a formidable streaming service in the industry. Like I pointed out, at the moment people have to build their own mix of live and on demand services that are a good fit for them without going back to the old cable TV model where you are forced to pay for channels you never watch.
@@NormanF62 thank you so much for that. I had no idea! Just looked at HBO Max channels and noticed they have the great Looney Tunes. Thanks again.
Thank you for the video. I love Philo because they don't have sports and news. This pairs great with the free services (like Pluto). Do have an indoor antenna to get my local channels.
Great interview Michael thank you. I enjoyed listening to Andrew he explained everything very well.
Glad you enjoyed it! Thanks for watching.
Thank you for this.
I've been considering Philo service since September. After watching this video, it's helped me to make the decision to sign up. My issue is...I had Comcast cable for years and I remember inquiring if at anytime in the future they would consider offering services/ packages that the consumer could add on, on a A la carte basis as opposed to paying for a package with tons of channels that you have no interest in. They have been "considering" this for years,but to no avail.....which is why I am now a proud cable cutter! My only issue is how will I live without my morning dose of the local news while having coffee?!
**Can you please offer some suggestions on how to get a live broadcast of the news**
Thank you in advance, have a great day! 😊
Local news maybe through the station’s app or antenna.
Thanks for watching! If you found any of the information helpful, please consider sharing this video with one friend or family member who hasn't cut the cord.
Quick Links:
0:00 Andrew McCollum Talks to Michael Saves
0:35 Andrew’s Journey from Facebook Co-Founder to Philo CEO
2:57 Philo’s Unique Approach to Live TV Streaming
5:10 The Biggest Obstacle Facing Cord Cutters in 2022
7:22 The Value of Linear TV vs. Streaming Services
9:45 Would Philo Consider Adding On-Demand Services to its Bundle?
11:12 How Live TV Bundles Work and May Evolve Over Time
17:32 What It Takes to Get Streaming Apps on Various Devices
21:46 Providing Incentives for New and Existing Subscribers
24:48 Does Cutting the Cord Still Save You Money Compared to Cable?
27:10 What’s Next? The Future of Streaming TV
I’ve already shared it to a Philo group on Facebook. This was too juicy not to share!
Great interview and information Michael. Thank you.
Just watched the whole interview ( thanks for showing my ? by the way) very insightful, but yes, why not have a extra( addon) for people who do want news or sports that they could get, without raising price for all.🤔
It gets a little complicated. But basically a company like Disney (which has ESPN, ABC and others) will force the services to carry all of its networks in the base plan or it won't do a deal with them. Other content partners do the same thing. When Andrew talked about being able to have different types of bundles in the future, that would require flexibility that doesn't currently exist. T-Mobile tried it and ran into problems. But Andrew seems to believe that more flexibility may come as the shift to streaming continues and the content partners realize they could lose a segment of subscribers forever. I have a short video that goes into more detail on this issue: th-cam.com/video/XnsmYWsctSw/w-d-xo.html
@@MichaelSaves Wow those channels cost alot, I guess I was thinking if Sling could have CNN and USA network in their $35 package maybe Philo could have them as addons. Only reason I prefer Philo over Sling is they are cheaper and have more channels, but your whiteboard makes alot of sense. 🙏
Kudos on the video Michael. Great stuff as always. As a Philo subscriber who admittedly doesn’t watch a lot of TV, it is great value for my family.
After his “sausage making” answer at the end, did Andrew say anything about Philo getting into the original programming game?
I didn’t ask about the original programming, though it was on my list because of the deal they made. We went over the allotted time I had to speak with him. He was very generous with his time. Hopefully I can speak to him again and get to some of the other questions.
Good question! Original content is a very competitive space right now. The big players like Netflix, Disney/Hulu, Amazon, etc., all spend billions (or tens of billions) of dollars a year on this content. So it's a tough game to break into without making big changes to what we do. We are trying some smaller experiments with original content, so we will see how that goes and maybe build on those efforts.
The other challenge is that is essentially puts you in competition with your programming partners. Once you've invested in creating original content, there is a big incentive to get the most out of it by prioritizing it on the service, sometimes at the expense of other content that might be more interesting or relevant to subscribers. This is partly why, since getting into creating original content, the total amount (in hours) of content on Netflix has almost monotonically decreased over time, even as their number of subscribers and overall budget for content has ballooned.
So not to say it's an area we would never go more deeply into, but we hope to grow to be a place where you can get all the best long-form entertainment content that's out, no matter who creates or licenses it.
I had Philo but I had to cancel because they didn't had ESPN. I think that if Philo get ESPN they will get more customers. Philo customers service is 100%. perfect. I had no problem canceling. I'm with Sling and it's only because I get just what I wanted to less . $50.00.Maybe sometime in the future customers will have option to only pay for the channels that they need. Thank you for sharing.
He touches on this in the video! If they added ESPN (and Disney networks) it would be a much more expensive service.
I lobe Roku but one thing about dropping cable I haven’t seen addressed is the increased cost of using wi-fi. We switched from Chromecast to Roku and saw our bill for wi-fi use increase $20 to $30 a month.
I have a video where I discuss this. I think about 95% of people don't go over their internet data caps. So if you have a larger household, you may. I'm wondering -- do you close out of your Roku after using it? This can set you over the limit quite easily. When my grandmother was living with my mom, they kept the TV on all night for her and went over the data cap. When they stopped doing this, they never had an issue again.
Been with Philo since day one, love Philo!
Complexity is the reason we haven’t changed over and have wanted to for 2 years ! 1.)Our voice over land line is also dependent on cable . 2.) It’s unclear to murky as to whether fiber optic is more reliable then cable re: internet signal being dropped. I’ve heard that even those using Hughes via satellite ( which is the most expensive) that the signal still isn’t 100% guaranteed. 😵💫😑😤😠
I love Philo I want a play option while viewing the guide.
We love our Philo!
The ONE AND ONLY issue that I have with Philo, is that when you are watching a channel and you want to check the guide, it doesn't continue to play the channel you are watching in the background.
You have to go back and re-select that channel.
It's not a deal killer for me, but it seems like something they could fix, and not have to raise prices.
Do you know if they're going to address that issue any time soon?
No, I didn't ask that! Everything I asked is in the video.
Hey, Space Ghost, this is definitely something we're working on. We just launched the ability to browse while watching on Roku, and it's something we hope to add to the other platforms, as well.
@@andrewmccollumphiloceo6311 Thanks for letting me know that in person.
Philo is an EXCELLENT service,, and worth every dime of it's subscription price.
Great video
Thanks for having him on Michael, it was informative. I have to admit his take on bundling being a constant, was a bit disheartening. I know he is correct for the forseeable future though. However, he is wrong about the consumers willingness to go a la carte, pick their favorite 5-7 channels, pay more per channel than bundling but less on their total bill. It may not be everyone, particularly in the first few years but over time it would become the norm. People understand their viewing habits enough to realize this and the content providers know it too, that is why it isn't an option.
!!!!! Yes !!!! "People understand their viewing habits enough to realize this and the content providers know this too that is why it isn't an option."
We'll have to agree to disagree! It's worth pointing out that for the past 5 years it has been the law in Canada that operators must offer all the channels a la carte. The price per channel is very high ($4-$7, last I looked) and most people elect to go with the bundled offerings instead.
In my opinion, the criticisms about bundling are more about price/value rather than choice. No one says things like, "I really wish there was a music streaming service where I could choose which music labels I subscribed to a la carte", for example. The reason is that the price is fair, no one knows exactly which music label the songs they want to listen to are on, and it's easier to be able to just find what you want when you want without having to think too hard and possibly have to add a new option to your subscription when you just want to listen to a song.
How come I can’t have a package to where I get to pick what channels I want a true à la carte service
Andrew explains this in the section about bundling. I have quick links so you can skip ahead to that part.
NEWS ALERT: Philo has added support for Samsung TVs (2018 and later) as of October 2022. In our interview, Philo CEO Andrew McCollum told me that this was something the company was working on. They've delivered!
I wish I could add a channel that Philo doesn't have and pay the difference
hey Michael people should always make sure that they choose apps that they are going to use frequently.
I used to have cable but I got tired of paying all that money they were charging me.210.00 a month. Now I have just internet and some apps and I am paying less than 150.00 a month. That's internet and apps combined. I have so much stuff to watch I don't know what to watch half of the time. And for the record I don't miss cable at all.
Love my Philo
I’ve been with Philo for 5 years. I absolutely don’t watch sports or local networks except for the news. I couple Philo with Free or extremely cheap subs. I can’t get OTA signals so something like $0.99 Hulu for Fox and ABC prime time shows, Paramount Plus for $5.99 for CBS, Free Peacock Premium for NBC and VUit for my local news. I’m not and I repeat NOT paying for channels I don’t watch. If Philo forces me to pay for sports I’m out. I subscribe to Philo specifically because it doesn’t have news or sports. Plenty of free content for news.
Agree with you about news. Free in so many places! Glad you enjoy Philo.
I understand why they don't offer sports and news.... But CBS News and CBS sports should be included with Philo they're partial owners... And I do agree companies company should break up there bundles and offer channels individual.... Like Showtime could offer the movie channel Flix channel.... As a single movie package add-on... For like $3 because showtimes already bundled with Paramount Plus... And I don't think Philo will ever be able to compete with other streaming services... Until they find their niche which I think if they would add more movie channels it would be more appealing to people... They could add movieplex...
How can I buy your new you tube services
Personally any one that works at FB should be boycotted due to FB views on freedom of speech and other crimes FB has be caught in. They do not deserve to be paid instead put in prison asap for their crimes. Glad you did this interview so I can boycott this one.
Andrew doesn't work at Facebook -- he co-founded it many years ago.
I want HBO Max on Philo TV
Discovery is taking over the Time Warner empire but right now the main obstacle for Philo in carrying licensed entertainment content is being forced to also carry expensive news and sports channels. If they could choose something that fits what they’re doing now, they would go for it but if they have to pay carriage fees for channels their customers don’t want, that would put them in the 70-80 month range like DirecTV Stream and that’s not their business model.
@@NormanF62 .. The underlying problem is the forced packages from the OEM providers and the cost of these mega mergers passed onto the consumer.
Would be awesome for sure! Not without challenges, as others mention, but something we'd love to do.
Odd, on their site samsung tv's 2018 has Philo added.
This interview was before that announcement. Samsungs are supported now.
Ok look I love philo tv absolutely do you can't beat the price 25 dollars a month but I just had to cancel because I'm sick of waiting for philo to add TBS and TNT I'm a wrestling AEW fan and so for 10 dollars more I switched to sling at 35 a month I can at least get TBS and TNT trust me the day philo adds those 2 channels I will switch back
Great question about not being able to get the app on the Samsung TV.
so basically i got out off all that is philo is never ever going to get the syfy channel lol
Lol I would have told you that and saved you 30 minutes. :-)
Never say never! We don't!
@@andrewmccollumphiloceo6311 why don't you have tiers like you used to have . maybe the next tier could be the nbc universe channels and anougher tier could be the tbs channels costing $5 a month for each so if you don't want those channels you don't have to subscribe to those channels but give us a choice which pacages we want .thanks the cartoon network for adult swim would be nice .just to let you know i used to have fubo tv but when they pulled the turner networks off there system without even telling us as i was watching the adult swim channel and than right at 12 midnight poof is was gone .so nbc universe channels and the turnnner networks would be a great add to your service like i said at there own tiers
@@hughreansbury7716 - I wish we could do exactly what you describe (though the prices would likely be higher), but the owners of those channels won't allow it, unfortunately, at any price.
I agree that it would be awesome to add some of the NBCU and Turner channels to Philo if there was a way to do it economically.
@@andrewmccollumphiloceo6311 i guess my friends in canada have it made because they are able to add just about any entertainment channel to there cable for $3 a channel or a group of 5 channels that they pick for $10 after the have a starting pack . guess usa owners are realy gready lol
Don't care about liberal sports....don't care about liberal local channels....was so easy to decide to cut cord...