22-03-2023, 06:03 PM
(22-03-2023, 05:40 PM)ViridianFan Wrote: One question I haven’t been able to find an answer is how is the new channel being funded? Lots of people have mentioned how World News was making a profit but I’ve been unable to find anywhere the official answer where it’s been published saying how much the channel will cost to run and how much this is covered by the revenue brought in via BBC world News and how much if any comes from the license fee if any.The new channel will be funded through a mix of global advertisting revenue and licence fee money. BBC World News' budget is around £90-100m and typically brings in around £10m in profit. The exact UK contribution to the channel hasn't been publicly announced, but the closure of the channel was said to bring about £25m in savings - which, given the BBC News channel's current content budget of £60m, means that we would expect about £30-35m will come from licence money. This would represent about a quarter of the overall budget of the combined channel.