The BBC has begun discussions about launching a new weekly music TV show, according to the Times.

The publicly funded U.K. broadcaster canceled its weekly chart show "Top of the Pops" in 2006 after 42 years, following a slide in ratings and various unsuccessful format changes. It still airs Christmas editions of the show.

Since the weekly show was axed, there has been pressure from the music industry on the BBC to do more to showcase music talent.

Today's (Aug. 27) Times reports that the BBC has approached record labels in the hope of securing video exclusives and other material for a new show. It is also said to be talking to independent production companies about ideas for the format, with suggestions it would not simply by a performance-based show.

In a statement, the BBC said: "We are constantly discussing new ideas for pop music."

"We currently have no plans to announce [a new show] for any of our television networks," the statement added. The BBC also made clear there were no plans to bring back "Top of the Pops."