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BBC “Open Minded” About UK Streamer Levy To Help Solve Scripted Funding Crisis
The BBC has said it is open-minded about supporting calls for a streamer levy to help solve the UK scripted funding crisis.
BBC Director General Tim Davie told lawmakers on Tuesday that it was a “good idea” to explore ways in which the likes of Netflix could make a “contribution” to local content. These companies would argue, however, that they already invest heavily in the UK, with Netflix alone making series including Baby Reindeer and The Gentlemen in the country. This issue has been exacerbated by distributors stumping up lower advances; funding cuts and ad market woes squeezing the BBC and ITV’s income; and chronic inflation keeping the cost of production prohibitively high.
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