Television
×

BBC licence fee to rise by 3%

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/smartcrop_800x800/public/images/tv-images/2015/11/13/Untitled-1_19.jpg?itok=4Kihbz6r

MUMBAI: UK Culture Secretary Tessa Jowell has announced that the BBC licence fee will rise by three per cent over each of the next two years. The deal will see the current fee of ?131.50 rise to a maximum ?151 by 2012.

Borrowing limits will also be tighter than requested. The BBC had wanted an above-inflation hike in the licence to boost programmes and digital services.

Not surprisingly BBC DG Mark Thompson expressed "real disappointment" at the Government's final licence fee level settlement but said it was a privilege to receive and gave certainty in planning to create the best possible content and services for all audiences.

Thompson said that no commercial rival enjoyed that certainty of funding. While the BBC could argue that the benefits that extra funding would bring to the wider creative industries as well as audiences, he said that it was ultimately for the Government to decide the level in the broader context of inflation and the wider public sector.

He also welcomed the longer settlement at six years enabling efficient planning for digital switchover, rapidly changing audience expectations and new creative initiatives.

"Our vision for the future, broadly endorsed by a Government White Paper, as well as their own requirements and ambitions, especially around digital switchover, plus not wanting existing, valued BBC services to be squeezed as we invest for the future, led us to bid for a settlement that would increase in real terms.

"The settlement announced means the BBC still receives substantial, guaranteed income of more than ?20billion over the next six years, which is financial security denied to any other media player. But it leaves a gap of around ?2 billion over the next six years between what we believed we needed to deliver our vision and what will actually be available. That's not a gap many organisations can swallow comfortably."

Thompson said there were three ways the organisation could now move to reduce the gap:

1 - Simply not make some new investments, do them later or do them more modestly;

2 - Increase self help targets. This would mean: increasing licence fee efficiencies in collection and evasion; maximising commercial revenues and continuing reform, modernisation and productivity;

3 – Move resources inside the BBC from existing content and services to new ideas.

The BBC's executive board and senior managers across the organisation will now review investment plans in the light of the settlement and explore the options.

The executive will then make initial recommendations to the BBC Trust who will take decisions later in the year in the best interests of licence fee payers, drawing on the framework of the BBC's public purposes and public value.

Thompson adds, "The BBC faces challenges to find enough money to create the fantastic content our audiences want. After seven years of funding that has grown in real terms, we now face not just a tight settlement but daunting investment challenges in distribution, infrastructure and technology that risk diverting money away from content creation. These challenges call for some new thinking about how we produce content and how we create value."

Thompson said that the BBC's vision for content in the digital world, Creative Future, was never fundamentally about spending new money:

"It is about flexing, adapting, liberating all content, but above all, content we already make. It's about unlocking the full value of existing investment."

Latest Reads

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/01/23/foodfood.jpg?itok=gCF4k0Ki
FOODFOOD announces veeba cook off powered by Daawat Basmati Rice and Tata Sampann

Cooking doesn’t get tougher than this! FOODFOOD Pro an initiative of FOODFOOD, India's premier 24x7 Food and Lifestyle channel is proud to announce an intense and exciting eleven - episode series, VEEBA COOK-OFF, a challenge, that is purely ‘By the Professionals and For the Professionals'. This...

Television TV Channels Factual & Documentary
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/01/23/sony-max.jpg?itok=Rmc_jk74
Celebrate Republic Day with megastar league on Sony Max 2

MUMBAI: On Republic Day get ready for an all day long movie marathon with India’s iconic Hindi movie channel from Sony Pictures Networks, SONY MAX 2. Binge-watch the movies of some of Bollywood’s megastars throughout the day on 26th January with SONY MAX 2’s Megastar League. 

Television TV Channels Movie Channels
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/01/23/star-gold.jpg?itok=aEnqdAVj
2017 blockbuster hit 'Golmaal Again' will make its television premiere on star gold this friday

Star Gold is kicking off the year with the World Television Premiere of one of the most succesful films of 2017, Golmaal Again, that raked in over 200 crores at the box office and set it on fire with its unmatched gags and action. The film that left audiences in splits of laughter and many ‘...

Television TV Channels Movie Channels
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/01/23/myleeta.jpg?itok=Jp2DoL6W
BBC Worldwide India announces partnership with Applause Entertainment

BBC Worldwide India has announced a partnership with Aditya Birla Group’s Applause Entertainment that will see the two organisations working together to develop and produce Indian versions of iconic BBC formats.

Television Production House Non-Fiction
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/01/23/us.jpg?itok=F5fKKb42
Bring in Republic Day with the award-winning political comedy VEEP on Star World

Our 68th Republic Day is just around the corner and considering the political scenario in our country and globally, Star World has lined-up a marathon of a show that is not only entertaining but also takes a satirical view into what goes on behind-the-scenes in government policy-making and...

Television TV Channels English Entertainment
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/01/23/icai_0.jpg?itok=Zpp1ilCw
ZEEL president - Legal & Regulatory Affairs, Mr. Avnindra Mohan conferred prestigious "CA Distinguished Achiever - 2017" Award by ICAI

Mr. Avnindra Mohan, President – Legal & Regulatory Affairs, Zee Entertainment Enterprises Ltd has been selected as the winner of the prestigious award in the category “CA Distinguished Achiever-2017” for exceptional performances and achievements by the Institute of Chartered Accountants of...

Television TV Channels GECs
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/01/23/karan.jpg?itok=mCWRXjXX
Discovery India ties-up with Reliance Animation to produce kids IP

Discovery Communications India has commissioned Reliance Animation to produce a new disruptive Indian original content series Little Singham, an animation series inspired by the movie Singham. Targeted at kids in the age-group 4-8 years old, Little Singham will make its debut on television in...

Television TV Channels Kids
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/01/23/Shubhranshu_singh.jpg?itok=OUkY580T
Star Sports EVP and marketing head Shubhranshu singh quits

MUMBAI: Star Sports Executive Vice President and Head Marketing Shubhranshu Singh has quit the company after a four-year stint.

Television TV Channels Sports
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/01/22/bajaj.jpg?itok=z_mfKL62
Discovery bags nine sponsors for Battle Ops

Battle Ops, Discovery Communications India’s (DCIN) integrated television and digital offering, has received a resounding response from the advertiser community. The show, which will premiere on Discovery Channel and Veer on 26th January, has already sold out with nine sponsors on board.

Television TV Channels Specialised and Niche

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories