The BVC-min

Could a new joint BBC and ITV streaming service be on the cards?

Industry News

The BBC has reportedly held talks with ITV over the launch of a new Netflix-style streaming service.

The talks, which are understood to also involve NBC Universal, the owner of the producer of shows including Downton Abbey, centre on the potential to develop a subscription TV service.

The service is likely to mostly focus on providing older, archive TV content, not the first-run of shows, although it is understood there would be a certain amount of original commissions.

While Britons pay £145.50 per year for free access to BBC content, the corporation has noted that streaming services such as Netflix have successfully extended the shelf life of a number of series.

Unlike BBC iPlayer and ITV player, which remove content after 30 days, this new service would retain programmes for a much longer period of time.

In contrast, Netflix has more than 75 million subscribers globally. Since launching in the UK in 2012, it has attracted more than 5 million users paying £5.99 a month.