Print Edition - 2019-02-28 | MONEY
TV rivals BBC, ITV join forces
Feb 28, 2019-
The BBC and ITV, Britain’s biggest television broadcasters, on Wednesday announced plans for a UK streaming service BritBox to confront massive competition for viewers from online giants such as Netflix.It is likely to be a larger version of their BritBox streaming service in North America, which has more than half a million
subscribers. “The BBC and ITV are in the concluding phase of talks to establish a strategic partnership to bring an exciting new streaming service to UK audiences,” a statement
said, adding that it would feature new and old programmes at a “competitive” subscription fee. “The BBC and ITV anticipate that other partners will be added to BritBox and both will speak to regulators and the wider industry about their proposals,” the statement said.
The BBC, Britain’s mainly state-funded broadcaster, and London-listed ITV said they hoped to launch the service in the second half of 2019.
“I am delighted that the BBC and ITV are working together on something truly special—BritBox,” BBC Director-General Tony Hall said in the statement.
Published: 28-02-2019 13:18