The BBC has announced that it will lay off 1,000 staff across public broadcasters in the next few years and stop broadcasting smaller, but much-loved, linear channels such as the children’s channel CBBC, BBC Four and Radio 4. As director general, Tim Dewey outlines initial plans on how the BBC will save about £ 1.5B ($ 2B) in the next few years by freezing government-initiated license fees over the next two years.
The public broadcaster further revealed that it would integrate its BBC World News and BBC News channels into a single, 24-hour TV channel as it would be a major push to digitize its business over the next few years.
In an announcement addressed to staff on Thursday, Director General Tim Davy told staff “this is the moment of our digital-first BBC creation.”
The move would come as a bit of a surprise given last month that Dewey rejected the idea of cutting the service completely, but the executive said there are strong plans to move these services to BBC iPlayer, which is expected to reach 75. % Of BBC viewers per week via iPlayer
The company will increase its investment in regional programming as well as giving a big push to accelerate digital growth across its television and radio programs.
The first phase of savings represents £ 500M of annual savings and reinvestments for BBC Digital-led. As part of this, 200M £ 285M will contribute to the annual funding gap 2027/28, created through the settlement of the license fee earlier this year. The remaining funding gap will be covered in the last three years of the charter period.
The BBC has already gone through multiple rounds of redundancy in the last ten years so this new announcement will be another push for staff.
“When I took this job, I said we had to fight for something important: the content and services of the public service, which are freely available to the public, for the good of all,” Davy told staff. “The fighting is intensifying, the stakes are high.”
He added, “This is our moment to build a digital-first BBC.” “A truly new, a Raytheon organization for the digital age, a positive force for the UK and the world ৷ independent, impartial, constantly innovating and serving everyone. The desire for consumers to improve their lives and society has never been seen before. They want us to keep the BBC relevant and fight for something more important than ever in 2022. To do this we need to develop rapidly and make huge changes around us. We have to embrace. “
Currently, the BBC license fee stands at £ 159 ($ 200) but two years later when the fridge is lifted inflation will start to rise.