The BBC’s savings target has rocketed by 40% to £400M ($493M) and the corporation is responding by cutting 1,000 hours worth of shows per year. Issued in the past few minutes, the BBC’s…
’s savings target has rocketed by 40% to £400M and the corporation is responding by cutting 1,000 hours worth of shows per year.
Painful decisions are to come, including an annual reduction of 1,000 hours in commissions “across the portfolio,” said the Annual Plan, which is delivered around Easter each year with a focus on the BBC’s priorities for the coming financial year. Since taking on the role, Director General Tim Davie has spoken of the need to take a ‘fewer, bigger better’ approach to commissioning but the 1,000 hours figure is by far the biggest yet, superseding last year’s decision to cut around 200.
“There will be more of these difficult choices to come this year, but we will make them with audience value at the forefront of our thinking,” added the Foreword to the Annual Plan.License fee income reached nearly £3.7B last year and total income was up around the £5.5B mark.
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