Friday, October 7, 2011

BBC Announces Further Reductions

The BBC has announced further reduction that could mean the loss of 2,000 jobs. The streamlining is deemed necessary because, "the licence fee settlement agreed with the Government in October 2010, which sees the licence fee frozen to 2017, and the BBC assuming new funding responsibilities, including for the World Service, S4C, BBC Monitoring and local TV and broadband." With fees frozen and costs rising, savings needed to be found.

You can find the BBC's release from the BBC Trust here.

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