ITV and BBC join Forces and Create FREESAT
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Just heard on Sky News that ITV and the BBC are joining forces to create a Free Digital Satellite service!
It was on the Business news section, but they didnt say anything else.
This could be great news for a direct rival to SKY!
It was on the Business news section, but they didnt say anything else.
This could be great news for a direct rival to SKY!
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Interesting.
I can only find this on it so far: http://www.sharecast.com/cgi-bin/sharecast/story.cgi?story_id=534946
LONDON (SHARECAST) - ITV detailed a successful first half today as the broadcaster hiked profits and said it was now looking to increase its reach even further by launching a new joint free service with the BBC.
ITV and the BBC are developing a free digital satellite service – known as 'Freesat' - to complement the hugely popular Freeview service, enabling viewers to access subscription-free digital TV.
In addition the group is looking to launch new channels to clinch even more market share. “ITV2 and ITV3 are helping us to grow our overall share of commercial impacts in multichannel homes and the launch of ITV4 and an ITV children's channel will broaden our reach still further.”
The group reported a pre-tax profit of £154m for the six months to June against £45m a year earlier on revenues before joint ventures up 9% at £1.04bn.
“We remain firmly on track to achieve at least our target of £150m pa of multichannel revenue by the end of 2007. We are now looking at opportunities to invest in US acquired programming and other popular material for the channels to drive their viewing shares even harder,” said ITV.
Carl
http://www.companyannouncements.net/cgi-bin/articles/200509070701219337Q.html
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ITV is understood to have held advanced talks with the BBC about forming a partnership to launch a free satellite television service.
Although discussions have not been concluded, plans for a new service could be announced within two months.
A BBC-led satellite service has been mooted for some time, but the corporation believes it would need to have attractive channels to appeal to the public. One way of achieving this would be to sign a joint venture with ITV.
The service would be free once viewers had bought a satellite dish and a set-top box, and it would offer more channels than both traditional five-channel analogue television and Freeview, the hugely popular digital terrestrial service launched by the BBC and other broadcasters.
A joint venture between the BBC and ITV could pose a threat to British Sky Broadcasting's dominance of satellite services.
At the moment ITV channels are broadcast on Sky, but ITV pays about £17m a year to have its channels encrypted. In recent months, ITV has been negotiating a new deal with Sky and has been seeking to cut the cost
Source:
http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2005/09/04/cnsatl04.xml
Full Press release
HERE
http://media.guardian.co.uk/broadcast/story/0,7493,1564344,00.html
and BBC News Online...
http://news.bbc.co.uk/1/hi/entertainment/tv_and_radio/4221722.stm
Oh dear. sky will not be happy about the use of the name Freesat. I know it belongs to the BBC, but Sky have been using it since they launched a freesat service
I see a satelitte war looming on the horizan.
Wonder if any of the other "Freeview" channels will go to thier service as well?
Should be very interesting. At last, a satelitte service that could start to slow down Sky.
Could this mean they will also go "in the clear" on the Sky digital platform soon?
If this BBC/ITV venture goes ahead it will be the best thing going for the viewer.... Perhaps we will see more Receivers with both FREESAT & FREEVIEW built in....
I wonder how long C4 & C5 would remain encrypted if ITV goes FTA ...
All this seems BAD NEWS for SKY... Perhaps they should move to a SPORTS & MOVIES only service and leave the others to BBC/ITV
Yes, ITV will go FTA via Astra meaning it will be FTA on Sky - just like the BBC did a few years ago.
Dave
I applaud ITV for joining up, with what is technically it's chief rival.
I think Skys shares will dip slightly today, and someone somewhere may get a little bit of a telling off
No, they will not. E4 and E4+1 are still under contract, as I believe are five and the UKTV channels. The music channels are presumably also under some sort of arrangement (as they are not available on Freesat from Sky)
Bozz
A pound for the first DS poster to spot a Sky executive OR Murdoch news programme calling Freesat "a waste of taxpayers money".