BBC Studios has bought British broadcaster ITV‘s 50% stake in streamer BritBox International for £255 million ($322 million), the companies revealed on Friday. The streamer was founded in 2017 as a joint venture between BBC Studios, which is the commercial arm of the British broadcaster, and ITV. “The transaction will provide net proceeds including loan repayments and accrued dividends and after tax of around £235 million,” the companies said. “The sale reflects ITV’s strategy of focusing on sup...