BBC to axe 1,000 jobs
Auntie Beeb is going to cut 1,000 jobs, thanks to a £150m shortfall in licence fee income, according to director general Tony Hall. He told BBC staff that the corporation were adjusting to a reduction in the number of people watching live television, which in basic terms, means that there are fewer people paying for the licence fee.
Hall said to staff: "A simpler, leaner, BBC is the right thing to do and it can also help us meet the financial challenges we face. We've already significantly cut the costs of running the BBC, but in times of very tough choices we need to focus on what really matters - delivering outstanding programmes and content for all our audiences."
This is all part of a plan that sees the BBC havin to make £1.5bn of savings a year by 2017, which is a terrifying amount of money. The corporation, as well as job losses, are looking at reducing the amount of cash spent on property and sports rights.
The BBC said in a statement: "Despite the progress already made, and the realities of the licence fee being frozen for seven years, a new financial challenge means additional savings must now be found."
"The licence fee income in 2016/17 is now forecast to be £150 million less than it was expected to be in 2011. This is because as more people use iPlayer, mobiles and online catch-up, the number of households owning televisions is falling."
"It also provides further evidence of the need for the licence fee to be modernised to cover digital services."
Now, hands-up if you're thinking that the British Broadcasting Corporation could save millions and millions from paying a number of their big stars a bit less money?