A+E, AMC, Discovery, Scripps and Viacom supplied the funding as part of a commercial partnership that will involve their channels being available on Philo's streaming service.

US-based Philo has launched its live television streaming service with $25m of funding from media companies A+E, AMC, Discovery, Scripps and Viacom, TechCrunch has reported.

Formerly known as Tivli, Philo provides a university campus-focused television streaming platform the company intends to expand to 70 campuses by the end of 2017.

The company this week introduced a subscription-based service that boasts 37 channels, many of which are run by its investors, including AMC, A+E, BBC World News, Comedy Central, MTV, Food…