Philo — which long has been the least expensive option for aspiring cord-cutters — today announced that it's changing up its plan structure. Beginning May 6, it will only offer its $20 option to new customers. That'll get you the full 58 channel slate, and you'll still be able to get all of the add-ons Philo offers.

And nothing is changing for current subscribers. If you're currently on the $16 plan with fewer channels, you'll still be able to upgrade to the $20 plan if you want. (Or downgrade from the $20 plan to the $16 plan.)

But if you're a new customer? You'll have just one option from May 6 on.

Here's the full letter from Philo CEO Andrew McCollum:

Hi, Andrew McCollum here, CEO of Philo. I wanted to let you know about an upcoming change to Philo and explain some of the thinking behind it. Starting May 6, we will move to only offering our $20 package to new subscribers. If you're a current subscriber or subscribe before that date, then nothing will change—you'll continue to have the same package and price options you have today.

At Philo, we care deeply about creating the best TV experience possible at an affordable price. Since we launched 18 months ago, most of the other companies in our space have raised their prices, in some cases multiple times. We didn't want to do that. Still, when we looked at all of the costs of operating Philo—which increase over time—consolidating into a single $20 package was the best way for us to maintain the same offering we have today without raising prices for everyone, or having to cut back in places we strive to excel, like our customer support.

Again, nothing is changing for anyone who has already subscribed by May 6—you will keep the package you have and will continue to be able to switch between our two existing packages. On behalf of the team at Philo, I want to thank you for choosing to watch with us.

As a reminder, here's what all you can watch on Philo:

The full Philo channels list:

  • A&E
  • AMC
  • AXS TV
  • American Heroes Channel
  • Animal Planet
  • Aspire
  • BBC America
  • BBC Wold News
  • BET
  • BET Her
  • CMT
  • Cheddar Business
  • Cheddar News
  • Comedy Central
  • Cooking Channel
  • DIY Network
  • Destination America
  • Discovery
  • Discovery Family
  • Discovery Life
  • FYI
  • Food Network
  • Game Show Network
  • HGTV
  • Hallmark Channel
  • Hallmark Drama
  • Hallmark Movies and Mysteries
  • History Channel
  • IFC
  • Investigation Discovery
  • Law & Crime Trial Network
  • Lifetime
  • Lifetime Movies
  • Logo
  • MTV
  • MTV 2
  • MTV Classic
  • MTV Live
  • Motortrend
  • Nick Jr.
  • Nickelodeon
  • Nicktoons
  • OWN
  • Paramount Network
  • People TV
  • Revolt
  • Science
  • Sundance TV
  • TLC
  • TV Land
  • Tastemade
  • Teen Nick
  • Travel Channel
  • UP TV
  • VH1
  • Viceland
  • WE TV

While choice is always better, it's hard to look at this as a huge deal. Current customers can keep their current plans at $16, if they wish. (How long that option will remain available, however, is not yet known.) And a $20 streaming plan is still more affordable than pretty much any other service available, short of Sling's Orange or Blue plans, which can be purchased separately but really work best together.



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