ITV is considering buying UKTV channels

ITV is reported to be considering a bid for UKTV’s portfolio of digital TV channels which include UKTV Gold, Drama, History, People, Style and Documentary.

The channels are currently run through a joint venture deal between the BBC and Flextech, but such a buy-out would strengthen ITV’s digital presence against fierce competition from BBC, Channel Four and Sky. Media watchers believe that such a takeover would be subject to approval by the competition commission.

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