BBC launches new style Annual Report

MUMBAI: The BBC's Board of Governors have published a new style Annual Report and Accounts. This is the first step it has taken in implementing the new governance arrangements.     


In the report the Governors said that the management must offer quality programmes and services to licence payers that represent value for money. BBC Chairman Michael Grade said, "Traditionally the Annual Report and Accounts has been as much about marketing the BBC as holding it to account and as much about management's view of its own performance as about the Governors' view of management's performance.

The Governors have requested the management to focus in particular on improving the efficiency of production processes. They noted that steady progress has been made, but added that a lot more could be achieved: "The BBC must now set itself more stretching efficiency targets if it is to deliver licence payers the best possible value for money".

The report added, "The key challenge lies in improving the efficiency of production processes. Progress here particularly in terms of benchmarking production costs has not been as rapid as we had expected."

Last year, the rate of licence fee evasion was driven down to 5.7 per cent, from 6.7 per cent. The cash-flow from the commercial subsidiaries increased by ?11 million to ?135m; and additional savings of ?29.3m were made in support costs.

Efficiency savings, together with the recently announced sale of BBC Technology to Siemens should enable the BBC to exceed its cumulative ?3.3bn self-help target by 2006/7.

On the programming front the Governors expressed concern about a decline in audience perceptions of the quality of BBC output over recent years. This finding contrasts with both the increased reach of BBC Television and research indicating that audiences believe the BBC offers the best quality in the majority of genres.

Latest Reads
US$ 4.5 bn expected from IPL rights; SC recommends accounts scrutiny

The Supreme Court on Friday froze all financial transactions between the BCCI and state cricket associations by directing the apex body not to disburse any funds till it resolves to abide by the Justice RM Lodha panel recommendations on reforms by 3 December . The top court ordered that none of...

Television TV Channels Sports
TVS Tyres is co-presenter for Asian Champions Trophy 2016

Continuing its strong connect with sports, TVS Tyres has associated with Asian Champions Trophy 2016 by becoming the co-presenter. The Asian Champions Trophy is one of the premier hockey tournaments, a much sought after annual international competition promising some great hockey action. This...

Television TV Channels Sports
Q2-17: Zee Learn declares maiden interim dividend

The board of directors of the Essel group’s education company Zee Learn Limited (ZLL) have declared a first time ever dividend of 5 percent per equity share of Re 1 each for the quarter ended 30 September 2016 (Q2-17, current quarter).

Television TV Channels Factual & Documentary
Whether BARC action can stop unethical practices?

MUMBAI: Can businesses and industries practise their art of selling fairly although they have 'Fair Practices' training during academic courses, workshops and several ISO and other certifications? There seems to be the fear of the lawman, and not the law in India. If the traffic cop is watching,...

Television TV Channels Viewership
TV Superhighway: beIN, Yaddo, AfricaXP have joined us, says Magine CEO Ambuj Goyal

CANNES; Magine has secured partnerships with four of the industry’s most exciting sports, documentary and entertainment content providers. Partnerships with beIN, the international media group and owner of MIRAMAX; Yaddo, the new documentary streaming service headed up by former head of The BBC’s...

Television TV Channels Factual & Documentary
Colors emerges strong on strength of Naagin I & II

MUMBAI: One of the top rated shows Naagin Season 2 helped Colors reach a top-ranking position.

Television TV Channels GECs
Pakistan Broadcasters Association to oppose PEMRA Indian content ban

MUMBAI: The Pakistan Electronic Media Regulatory Authority (PEMRA) shocked both Pakistan and Indian broadcasters when it issued an order blanking out  all Indian content from Pakistan’s television channels on 19 October.

Television TV Channels GECs
Sony Pix to telecast 'Jurassic World' on 22 October

Sony Pix will take the viewers on a thrilling, adventurous journey with cloned dinosaurs in their Billion Dollar Premiere property. The channel plans to air Jurassic World on 22 October at 1 pm and 9 pm.

Television TV Channels English Entertainment
Sony AXN scripts deal with Pinewood; buys stake in SVOD service Hopster

Folks at Sony Pictures Television (SPT) are in a celebratory mood. Not only has it signed a six-series deal with Pinewood Television but has also acquired a minority stake in the London-based video subscription service for kids content - Hopster.

Television TV Channels English Entertainment

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories