Philo is the latest live TV streaming service to get a price hike

Philo has become the latest live TV option for cord-cutters hoping to skirt cable contracts to get a price bump — but there’s a workaround for current subscribers.

Beginning June 8th, Philo’s monthly subscription cost for incoming customers will hike to $25 from $20. But those who are subscribed to the service before that date will be able to keep their plans at the current cost with no change, Philo CEO Andrew McCollum said in a Tuesday announcement on the company’s blog. To offset the price increase, Philo will be increasing its unlimited DVR storage period to a full year, up from 30 days, and existing customers who’d like to upgrade their storage will be able to bump up to the new price tier if they so choose.

McCollum cited an...

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