December 13, 2016 / 4:54 PM / a year ago

BRIEF-ITV says to launch SVOD service in U.S. with BBC

Dec 13 (Reuters) - ITV Plc :

* Announced a new joint venture to launch Britbox, an ad-free subscription video-on-demand (SVOD) service, in U.S. during Q1, 2017

* BBC Worldwide and ITV share an equal majority stake in joint venture.

* AMC Networks, which has a jv with BBC Worldwide for cable channel BBC America, is investing in Britbox with a non-voting minority interest Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +91 80 6749 1136)

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