Five years ago this week… Backed with $25 million from big media, Philo launched its skinny streaming bundle, which grabbed attention due to a lack of sports channels and its small $16 a month price tag. Up until this point, Philo was a minnow known primarily for its college dorm streaming service Tivli, but this pivot to an ad-hoc collection of streaming linear TV channels was being seen as a litmus test for sports-free TV. — Shaka Player, the open source Javascript library for adaptive media content using HLS and DASH, has added support for LCEVC decoding in its latest release. The MPEG-5 Part 2 compression enhancement technology, founded by V-Nova, is deployed with just a single line of code. ProSiebenSat.1 has…