Good afternoon Insiders, Jesse Whittock with you in London, where the TV world has decamped this week for a series of screenings.
Read on, and sign up for the newsletter here. Unpacking The BritBox Deal & London TV Screenings Beeb bags BritBox: As we expected, the big news in international entertainment came out of London this week.
However, while we were assuming the biggest deal would be a program package emerging from the London TV Screenings (more on that below), BBC Studios and ITV surprised everyone this morning with some tasty M&A.
A regulatory statement to the London Stock Exchange revealed the BBC’s commercial arm had paid £255M ($322M) to acquire ITV’s 50% shareholding in their joint venture, best-of-British streamer BritBox International.
Read more on deadline.com