Mansha Daswani

As part of its European expansion, Mediawan has announced the formation of a new holding company, based in Paris, as well as the acquisition of Lagardère Studios.

The BBC will use £100 million of its commissioning budget over the next three years to ramp up its slate of diverse and inclusive content.

Pact’s John McVay, Remarkable’s Susan King, Top Gear executive producer Clare Pizey and ITV’s John Whiston weighed in on the logistics of resuming production in the U.K. following the COVID-19 shutdown in a webinar organized by the Royal Television Society (RTS).

According to Kantar, 6 million new video streaming subscriptions were purchased in the U.K. amid the COVID-19 lockdown.

The COVID-19 shutdown has accelerated a paradigm shift in the British media sector and could leave a lasting impact on the industry, according to a webinar panel convened by the Royal Television Society (RTS) last week that featured Enders Analysis’ Claire Enders, Thinkbox’s Lindsey Clay, MP Damian Green and Oliver & Ohlbaum’s Sean McGuire.

Restoring BBC Three as a linear channel and bringing BBC Four to the international market as an SVOD service are among the plans being considered by the British public broadcaster as it sets out its vision for the two years ahead.

According to new figures released by BARB, 14.3 million U.K. homes had a subscription to Netflix, Amazon Prime Video or Now TV in Q4 2019, a 50.5 percent penetration rate.

Liberty Global and Telefónica have agreed to merge their U.K. operations, Virgin Media and O2, into a 50-50 joint venture.

First-quarter revenues at ProSiebenSat.1 Media were stable at €926 million ($999 million), with adjusted net income falling to €58 million ($62.5 million).

For the first three months of the year, revenues at ITV plc were down 7 percent to £694 million ($860 million), largely due to COVID-19's impact on its studios arm.