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BBC Deficit Projected To Skyrocket To $620M Next Year
The BBC Annual Plan has revealed a £500M deficit and increased content spend.
The BBC said it is “remixing budgets to maintain investment in video commissioning” and will “shine a spotlight on the full diversity of our audiences” with shows including Blue Lights, Dinosaur and Welsh drama Lost Boys and Fairies. “It is critical that BBC iPlayer continues to be a destination of choice for audiences in theUK and that means offering a rich mix of content to appeal to all,” said the plan. Today’s plan dropped two days after a major set-piece from Davie in which he addressed the “elephant in the room – money” head on, flagging the difficulties of “deploying capital to fund long-term growth” in the current media landscape and off the back of a 30% cut in real terms income between 2010 and 2020.
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