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BBC Confirms Plans To Slash BBC Four Originals As It Seeks $1.3B Of Savings By 2022
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deadline.comThe BBC has confirmed plans to overhaul TV channel BBC Four by shifting its focus away from original content, as the British broadcaster’s programs and services begin to feel the squeeze of a £950 million ($1.3 billion) savings initiative.The BBC published its 69-page Annual Plan on Monday, which details the corporation’s creative, strategic, and commercial plans for the coming 12 months.
The document reveals that the BBC is on course to deliver £880M of savings by the end of March, which means it is 12 months ahead of schedule in hitting an £800M target it set itself five years ago for 2022.The BBC now expects to save more than £950M by March 2022, but said the hardest cuts are yet to come, warning that “further savings will involve
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