YouView future secure following £100m-plus shareholder deal

YouView's shareholders are set to sign a £100m-plus deal to secure the future of the internet based TV service, with all seven partners remaining on board as equal shareholders in the venture.

The seven partners are BBC, ITV, Channel 4, Channel 5, Arqiva, BT and TalkTalk, who under the terms of the new agreement will each retain their 14.3% stake.

A significant change in the shareholder agreement will see BT and TalkTalk taking on a much larger share of the funding responsibilities than each of the broadcasting partners.

"YouView is the fastest growing TV service in the UK and all of the shareholders are pleased with the progress made in just 18 months," said a spokeswoman for YouView. "All seven shareholders remain committed to YouView and are confident of finalising the renewed shareholders agreement by the end of March."

DTG Staff  |  26.03.2014

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