BBC Director General Tim Davie: Licence Fee Deal Creates $400M Shortfall; Figure Is “Disappointing” But Lower Than Previous Estimates
Director General Tim Davie has said yesterday’s licence fee settlement will leave the public broadcaster with a shortfall of £285M in 2027/2028 and needing to save around $1.5BN across the next five years.
“Inevitably, if you don’t have £285M you will get less services and programmes,” he said, acknowledging that the settlement is “disappointing” and his preference was for an inflationary rise each year. “We can still offer extraordinary value,” said Davie. “I won’t make specific recommendations yet and we will have to take stock, but everything is on the agenda.”Dorries prepares to launch a review into future funding models after 2027, with “nothing off the table,” according to Dorries yesterday in parliament when she delivered the announcement.
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