Philo, a new streaming TV service, launches with plans starting just $16/month

Cord cutters who don’t care much for sports or cable news have a new option that will set them back just $16 a month. Philo is hitting the market thanks to a $25-million investment from five content providers – A+E, AMC, Discovery, Scripps and Viacom – USA Today reported Tuesday. The $16 package yields 37 cable…