BBC and Pact joint statement in relation to proposal for BBC Studios

Date: 21.12.2015     Last updated: 21.12.2015 at 13.00
Category: Corporate
The BBC and Pact have today set out an agreement in relation to the BBC Studios proposal.

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