BBC Faces £150 Million Content Budget Cut Amid Ongoing Financial Struggles
The broadcaster highlights reduced co-productions, rising costs, and a £1 billion real-terms income drop since 2010 as it pushes for a new Royal Charter.
- The BBC's 2025/26 Annual Plan confirms a £150 million reduction in content spending, bringing the total to £2.5 billion for the year.
- Declining co-production partnerships with global streamers and rising production costs are exacerbating the broadcaster's financial challenges.
- The BBC has cut 2,000 jobs over five years but warns further staff reductions are unsustainable for addressing budget shortfalls.
- The corporation is increasing its focus on digital transformation, including enhancing BBC iPlayer and expanding its presence on platforms like TikTok and Instagram.
- To secure its future, the BBC is advocating for a new Royal Charter that ensures sustainable funding and protects its independence.
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