EXCLUSIVE: The coronavirus pandemic has wiped £318 million ($433 million) off the combined value of the BBC’s commercial operations, including BBC Studios, which makes global shows including Doctor Who, Good Omens, and Top Gear.The British broadcast has revalued its three non-licence fee-funded units (BBC Studios, BBC Global News and studios facility BBC Studioworks) at £1.3 billion ($1.8 billion) since the pandemic swept through the British media industry in early 2020.
That’s down nearly a fifth (19%) on 2019’s valuation of £1.6BN ($2.1BN).The figures are a chastening reminder that, although the BBC has a guaranteed public income of £3.5BN, it has not been immune to the economic devastation of coronavirus.
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