Philo is a privately owned company headquartered in the United States. Founded in 2011, with approximately 140 employees, it operates as a tier 1 media tech buyer. The company specializes in media and TV services, functioning as an American internet television company.
On August 11, 2026, Philo moved to unify its Bundle+ service, making it simpler for customers to stream discovery+ programming. The virtual pay-TV and FAST platform also elaborated on its business case for "pause ads," emphasizing that a viewer's deliberate choice to hit pause represents a valuable advertising moment. This strategic focus follows the company's implementation of pause ads on June 22, 2026, which allowed advertisers to engage with Philo subscribers. Earlier, on July 16, 2026, Philo's engineering team reflected on three years of successfully using Kotlin Multiplatform (KMP) in production across its mobile, TV, and web clients. Previously, on May 19, 2026, Philo expanded its free streaming lineup by adding 12 channels from Warner Bros. Discovery, ranging from true crime to history and reality TV, available to both free users and paid subscribers.