The British government plans to review the long-term funding of the BBC, the public broadcaster, and look for alternatives to the remunerative end, as it seeks to secure the BBC’s future amid competition from the giants of digital streaming platforms, and as viewers they watch less live TV. The BBC is currently funded by a remunerative fee of £169.50 a year, which all British households who watch the public broadcaster are required to pay. However, the number of paying households has declined in recent years as people change their habits with access to more content online. The Department for Culture, Media and Sport announced today that it will consider a review of the BBC’s Royal Charter to work out “alternative funding options” for the broadcasting news giant, which employs 21,000 people. “We will have a frank debate at national level about the long-term future of the broadcaster, ensuring that […]
Source: News Beast
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