BBC and ITV in talks to launch a Netflix-style streaming service

The BBC/ITV plan, which multiple sources have described as at a very early “explore and evaluate” stage, fits into director general Tony Hall’s “open BBC” pledge as part of a reshaping of the corporation for the digital age in the next charter renewal period. If the service does get off the ground, it could open up a crucial way of further monetizing BBC content, an important strategy as the corporation looks to find £800m in annual savings. – Mark Sweney, The Guardian