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Subject: BBC and ITV set to launch Netflix rival

Written By: Philip Eno on 02/27/19 at 6:08 am

The BBC, home to crime drama Luther, and ITV, maker of Love Island and I'm A Celebrity, are in the "concluding phase of talks" to create a rival to Netflix. The BBC's director general Tony Hall said the aim was to launch the "BritBox" rival to Netflix in the UK the second half of 2019. The announcement came as ITV reported 2018 profits of £567m, up 13%. ITV's chief executive Dame Carolyn McCall said it was an "uncertain economic and political environment". She said the "BritBox" rival to Netflix will be the home for the "best of British creativity". Neither organisation would say how the services would be priced, but Lord Hall said it would be "competitive". There are reports it could cost £5 a month.

The new venture is not intended to replace the BBC's iPlayer or the ITV Hub and is expected to have box sets from the BBC and ITV archives with some new commissions.

https://www.bbc.co.uk/news/business-47383559

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