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UPDATE 1-Britain's ITV confirms it is looking to buy All3Media

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(Adds deal background, quote)

LONDON, June 16 (Reuters) - British broadcaster ITV said on Friday it was "actively exploring the possible acquisition of All3Media", confirming a Reuters story that it was exploring a deal to buy the production company.

All3Media, one of Britain's leading independent production companies, is owned by Warner Bros Discovery Inc. and Liberty Global.

Sources told Reuters in a story released on Thursday that Warner Brothers could sell its stake in the company, while Liberty Global could retain a stake in a merged entity which would comprise ITV Studios and All3Media.

Another option would see ITV buy out both parties entirely, one source added.

"ITV Plc notes the recent media speculation and confirms that it is actively exploring the possible acquisition of All3Media," the broadcaster said in a statement to the stock exchange.

"There can be no certainty as to whether any transaction will take place, nor as to the terms of any such transaction." (Reporting by Kate Holton; editing by William James)

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