BBC and Pact joint statement in relation to proposal for BBC Studios
The joint statement between the BBC and Pact can be downloaded here.
James Purnell, BBC Director of Strategy and Digital, says: ''We welcome the agreement reached with Pact. Creative competition is in the best interest of audiences and BBC Studios is an essential part of the BBC's future."
John McVay, Chief Executive of Pact, says: "Pact is pleased that we have been able to negotiate a progressive agreement with the BBC that will result in even more competition at the BBC for the best programmes regardless of who makes them. This will build on the success of the WOCC and ensure BBC licence fee payers continue to enjoy the best of British."
BBC Press Office
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