UKTV
Multi-channel broadcaster, jointly owned by bbc worldwide and scripps networks interactive.
| Date | Investors | Amount | Round |
|---|---|---|---|
£339m Valuation: £339m 1.3x EV/Revenue | Acquisition | ||
| Total Funding | 000k | ||
| GBP | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | (1 %) | (58 %) | 70 % | 3 % | 24 % | (14 %) | 1 % |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % EBITDA margin | 21 % | 38 % | 18 % | 38 % | 17 % | - | - |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | 16 % | 10 % | 18 % | 14 % | 24 % | 21 % | 12 % |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article
UKTV is a prominent British multi-channel broadcaster, wholly owned by BBC Studios since June 2019. The company's journey began in 1992 through a joint venture between Thames Television and the BBC, initially launching the UK Gold channel to broadcast repeats from their extensive archives. This collaboration evolved, and in 1997, the network expanded with the launch of channels like UK Arena, UK Horizons, and UK Style, rebranding as UKTV. A significant milestone occurred in 2019 when BBC Studios, the commercial arm of the BBC, acquired full ownership of UKTV from its long-term partner, Discovery, Inc., for £173 million.
The core of UKTV's business is broadcasting a diverse portfolio of television channels that cater to a wide range of viewer tastes. Its channels are accessible across major digital television platforms in the UK and Ireland, including Sky, Virgin Media, Freesat, and Freeview. The business model revolves around generating revenue from advertising sold around its programming and from carriage fees paid by television platform providers. Additionally, its content is distributed through the UKTV Play video-on-demand service, which offers free, ad-supported access to a vast library of shows from its channels.
UKTV's product offering consists of a collection of distinct channel brands. These include Dave, known for its comedy and reality shows; Gold, which focuses on classic British comedies; Alibi, a destination for crime drama; and Eden, which broadcasts natural history documentaries. The network's primary strategy involves commissioning original British productions to supplement its extensive back-catalogue of BBC programming. This blend of new and classic content serves as a key differentiator, attracting a broad audience demographic. The service UKTV Play acts as a digital extension of its channels, allowing viewers to catch up on missed episodes and binge-watch complete series on various devices, thereby expanding its viewership and advertising reach beyond traditional linear television.
Keywords: multichannel broadcaster, television network, broadcast media, advertising revenue, video-on-demand, content commissioning, UK television, channel portfolio, digital broadcasting, media acquisition
