BBC Studios, Discovery complete UKTV transaction
MUMBAI: BBC Studios, a commercial subsidiary of the BBC, and Discovery have announced the close of the UKTV transaction, announced on 1st April 2019.
Discovery formally takes over control of lifestyle channels Really, Home and Good Food and BBC Studios take over entertainment channels Alibi, Dave, Drama, Eden, Gold, W and Yesterday, the UKTV brand, as well as the digital service UKTV Play.
BBC Studios president, UK, Ireland UKTV new CEO Marcus Arthur said, “UKTV has always been an important part of the BBC Group, creating value for licence fee payers and British program-makers. UKTV’s award-winning brands, innovative commissions, and premium acquisitions have delivered large and loyal audiences who love great TV. As a wholly-owned part of BBC Studios, we will support its future content ambitions, building on its history of success over many years.”
Discovery EVP General Manager UK and ANZ James Gibbons said, “Today marks an exciting milestone for Discovery, as we welcome UKTV’s lifestyle channels to our substantial UK portfolio. We are committed to deepening our position with viewers as the leader in real life entertainment by building great brands that power people’s passions and deliver value to our partners.”
In April, Discovery and BBC Studios also signed a historic ten-year content partnership deal making Discovery the exclusive global SVOD home (excluding UK, Ireland, and Greater China) of BBC landmark natural history programmes, including ‘Planet Earth’, ‘Blue Planet’, ‘Life’ and ‘Dynasties’. Discovery also acquired SVOD rights to hundreds of hours of BBC programming across factual genres.