BBC Studios and Discovery in the UK: a new SVOD and the UKTV split

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BBC Studios and Discovery in the UK: a new SVOD and the UKTV split

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BBC Studios and Discovery in the UK: a new SVOD and the UKTV split
The split of UKTV has been announced with the lifestyle channels going to Discovery, while the balance, along with the UKTV brand and VOD service, retained by the BBC, costing BBC Studios £173 million
In the same release, a new, global Discovery SVOD “powered” by BBC natural history and factual programming was announced, backed by a ten-year content partnership
The deal is a positive step for the BBC, which safeguards against flaky brand attribution internationally and the potential loss of revenues from Netflix, which is becoming more choosy when acquiring content