BBC Funding Blow: Annual Licence Fee Could Be Frozen For Two Years

deadline.com:

The BBC looks set to have its funding frozen for the next two years in a major blow to the corporation’s ability to compete with the big players.According to UK paper The Daily Telegraph, the fee is likely to stop rising with inflation from next year for at least the next 24 months as the BBC and government remain in the trenches negotiating over its sum from now until 2027.Along with a small amount of commercial revenue from BBC Studios, the BBC is currently funded via the majority of households paying around £159 ($214.52) per year for the licence fee and has warned it will struggle to keep up with inflated programming costs if this fee stops rising with inflation.