The BBC and ITV’s joint streaming subscription service BritBox will launch later this year.

The joint venture aims to showcase British content from the two broadcasters, including current hits such as ITV’s Love Island and classics including the BBC’s Gavin & Stacey.

The UK broadcasters claim it will cost “less than other streaming services” such as Netflix and Amazon Prime. But are they correct?

BritBox

The new service will cost £5.99 a month and will include both HD viewing and multi-screen, the BBC says.

Netflix

The streaming giant’s basic plan costs £5.99 – the same as BritBox – but this does not include HD viewing or multi-screen.

A standard plan, which includes HD viewing and allows you to watch on two screens simultaneously, costs £8.99. A premium plan, which includes Ultra HD and allows you to watch on four screens simultaneously, costs £11.99.

Amazon Prime Video

Access to Amazon’s library of TV and film costs £5.99 a month – matching BritBox for price – and lets you to watch on three screens simultaneously.

However, by paying £7.99 a month customers will receive the full perks of Amazon Prime, which include same-day delivery from the e-commerce company.

Now TV

Sky’s contribution to the streaming market offers a more customisable, and therefore complex, menu of options. Now TV comprises five individual passes – Entertainment, Movies, Sport, Kids and the reality TV pass called hayu.

The passes are separate monthly subscriptions that grant access to either live broadcasts, such as with the sports pass, or a library of TV shows or movies. The service allows you to watch on two screens simultaneously.

Entertainment Pass costs £7.99 a month.

Sky Cinema Pass costs £11.99 a month.

Sky Sports Pass costs £33.99 a month, £14.99 for seven days, or £8.99 for a one-day pass.

Kids Pass costs £3.99 a month.

hayu Month Pass costs £3.99 a month.