BBC says it faces 'unprecedented' funding challenge

The British broadcaster BBC looks with concern to the future and speaks of unprecedented financing problems.

The British broadcaster is financed mainly by broadcasting contributions. 2000 jobs have been cut over the past five years.

BBC says it faces 'unprecedented' funding challenge

LONDON: The BBC said Monday (Mar 31) its real income has fallen by US$1.3 billion a year compared to 2010 as it warned of "unprecedented" ch

The British public media corporation BBC has warned that it is facing its biggest challenges yet in financing its content, as its annual revenue has fallen by one billion pounds, or around 1.2 billion euros, over the past 15 years.

BBC says it faces ‘unprecedented’ funding challenge

BBC said its real income has fallen by £1 billion a year compared with 2010.

The BBC announced on Monday that it is facing an "unprecedented challenge" in financing its content, due to a drop of £1 billion in annual revenues over 15 years.