Relaunching on 3 September, a marketing and communications campaign is expected for the free-to-view channel, which will retain its current programming policy.
BSkyB was unable to confirm whether a design consultancy or an in-house team is responsible for the new design, but all on- and off-air branding will be brought in line with the new brand. A new channel website will be found at www.mychannelone.co.uk.
Other channel brands acquired by BskyB under the buyout include Living, Bravo and Challenge. Living +2 has already been rebranded as Living Loves.
On 1 October BSkyB will launch its first 3D TV channel, Sky 3D TV.