BBC Facing $113 Million Funding Gap After Lower Than Expected License Fee Hike

The annual license fee for the BBC will rise by £10.50 ($13.20) to £169.50 ($213.35), lower than what the corporation expected, causing a funding gap of £90 million ($113 million). As revealed in the BBC’s annual report, the bulk of its income was from the license fee paid for by the public, which accounted for […]
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