BBC Posts Record Income of $6.4 Billion, Welcomes ‘Informed Debate’ on Future Funding Model

The BBC has declared a record income of £5.33 billion ($6.4 billion) for the 2021/2022 period, up from £5.06 billion last year, and a surplus of £206 billion. In the corporation’s annual report, which was published on Tuesday, it was revealed that the bulk of the income was from the license fee paid for by the public, which accounted for £3.8 billion, £50 million up from last year. The licence fee has been frozen for two years as revealed earlier this year. BBC chair Richard Sharp termed this as “disappointing.” “The working assumption is that this will open up an… Read Full Article