BBC Prepares to Protect Funding
Politicians Suggest License Fees Should Be Shared With Struggling Rivals
The British Broadcasting Corp. is preparing an aggressive defense against a plan to redistribute some of its funding to struggling commercial rivals -- the opening salvo in a broader budget struggle over one of the world's wealthiest state broadcasters.
The outline of a law proposed by the ruling Labour Party this week would allocate £125 million ($200 million) of the BBC's £4.4 billion annual budget to rival media outlets to provide television news. While the proposal involves a fairly small portion of the BBC's budget, it could open the door to more sweeping attempts to tap into the BBC's rich ...