EDIT 1: Changed subtitle from 'Likely to go to ITV' to 'UPDATE: Channel 4 signs three year deal'
The current series of The Great British Bake Off will be the last to air on the BBC after the company behind the baking programme broke off talks to renew their contract with the corporation.
Love Productions, which makes the programme, confirmed this evening that it had been "unable to reach agreement on terms to renew the commission of The Great British Bake Off," after negotiations that had dragged on for more than a year.
The company is understood to be keen to seal a deal with a free to air broadcaster, and ITV is seen to be the most likely destination for the show.
In an email to all staff, Love Productions said: "We are writing to let you all know that, with deep regret, after more than a year of exhaustive negotiations we have been unable to reach an agreement with the BBC for the renewal of The Great British Bake Off.
"We feel it is very important to let you all know as soon as possible because there has been a lot of inaccurate reporting in the media about the negotiations and we want you to be aware of the main facts.
"We are really saddened by this outcome because we always wanted to stay on the BBC. As recently as June we were convinced that was what would happen. This has never been about who might write the biggest cheque, but about where we can find the best home for Bake Off.
"Unfortunately we were unable to agree either a fair valuation, and nor were the BBC able to provide the necessary comfort for the future protection of such a distinctive and much-loved television series.
The company added in a statement: “After an extraordinary six-year journey with the BBC, Love Productions announces with regret that it has been unable to reach agreement on terms to renew the commission of The Great British Bake Off. We will now be focusing on finding a new partner to develop the familiar show that the British public turn to in their millions. Love Productions would like to thank the BBC for the role it played in making this show such an enormous hit, and the faith they showed in us over the years to develop it.”
EDIT 2: Changed subtitle to 'UPDATE: Mel and Sue quit as hosts'
Last edited by VMPhil on 13 September 2016 4:41pm - 3 times in total