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 […]
Variety