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BBC Confirms Licence Fee Overhaul as 300,000 Households Stop Paying
UNITED KINGDOM, JUL 15 – BBC faces a £50 million revenue loss as 300,000 households stop paying the TV licence fee amid rising competition from streaming services and changing viewing habits.
- This year the BBC announced in its annual report that 300,000 households ceased paying the TV licence fee, reducing active licences to 23.8 million from 24.1 million.
- The licence fee currently stands at £174.50 annually, Lisa Nandy described it as 'unenforceable,' and the BBC is looking at options for reform due to streaming competition.
- About £50 million in revenue was lost, as 300,000 households ceased paying the licence fee, prompting the BBC to consider a licence fee overhaul.
- The BBC leadership emphasized they ruled out introducing adverts or a subscription model for UK viewers, while BBC Chair Samir Shah said they are pursuing 'the best future funding model for the BBC'.
- Looking ahead, the government will begin a review of the BBC's funding model later this year, as the licence fee remains guaranteed until 31 December 2027.
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Cambridge News
Cambridge NewsBBC looking at TV licence fee 'reform' as broadcaster faces 'jeopardy'
BBC executives are reportedly looking at their options as to the corporation's future funding model, as the annual report reveals a drop in the number of households paying the TV licence fee, leading to a loss in revenue
·Gloucester, United Kingdom
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Coverage Details
Total News Sources19
Leaning Left3Leaning Right2Center7Last UpdatedBias Distribution58% Center
Bias Distribution
- 58% of the sources are Center
58% Center
L 25%
C 58%
R 17%
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