BBC Studios, the BBC’s commercial content studio and media & streaming business, completed the acquisition of the remaining 50% stake in BritBox International, a streaming services provider, from ITV, a British media company, for £255m. “This is an important acquisition for us. We are taking full ownership of a successful, growing service we know well and that fits with our stated ambition to double the size of our business. BritBox International has British content at its heart and it generates and satisfies demand for British shows outside the UK. We will continue to make significant investments in the future to deliver long term value to the BBC," Tom Fussell, BBC Studios CEO.