The BBC is the UK’s main public service broadcaster, providing a wide range of television, radio and digital services. Funded primarily by income from individuals paying the television licence fee, which was worth £3.5 billion in 2019-20, the future of the BBC and its funding model is currently subject to considerable public and parliamentary debate. The BBC is also competing with a wide range of new entrants to the global media marketplace.
Our report assesses how the BBC has positioned itself to respond to its current financial challenges and opportunities. It sets out: the key financial challenges facing the BBC and the opportunities open to it; the BBC’s responses to these; and its preparedness for longer term challenges.