U.K. TV giant ITV late in the week unveiled two investments worth $14.075 million, one in the joint venture behind the upcoming BritBox Australia streaming service and one in a provider of a data collaboration platform.
The company, led by CEO Carolyn McCall, said it would invest A$17.7 million ($12.7 million) in the BritBoxAustralia Partnership, its venture with BBC Studios, over a period of three years. "Consistent with ITV's plans for expansion, BritBox Australia is on track to launch" in the fall, the company said, adding that BBC Studios would provideequal funding.
Read more on hollywoodreporter.com
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