British broadcasters streaming service to rival Netflix

Soumya Sriraman, President of Britbox United States and Canada speaks in Pasadena / Frederick M. Brown/Getty Images/AFP 

BritBox is set to launch at the end of the year and will cost just £5.99 (AED 27.50) per month.

The partnership between Britain's two largest broadcasters ITV and BBC will see them take on streaming sites like Netflix.

The platform will let users watch a range of shows including ITV's Love Island and BBC's The Office, along with a range of original series made especially for BritBox.

ITV will own 90% of the venture while the BBC will have the option to increase its holdings to 25%.

This comes as media networks in the US like Disney and NBC are preparing to launch their own streaming platforms.

 

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