BBC Director General Tim Davie: Licence Fee Deal Creates $400M Shortfall; Figure Is “Disappointing” But Lower Than Previous Estimates

BBC Director General Tim Davie has said yesterday’s licence fee settlement will leave the public broadcaster with a shortfall of £285M ($390M) by 2027, far lower than previous estimates of up to £2BN ($2.7BN). The corporation still has to separately make millions of pounds in savings … Read entire story.

Source: Deadline