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BBC Report: Majority Of $1.3BN Annual Savings Coming From Content Cuts; Concerns Raised Over Impact On Audiences
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deadline.comThe majority of the BBC’s £1BN ($1.3BN) annual savings are set to come from content cuts this year, a five-fold increase since 2016/17, as the leading UK audit body raises significant concerns about the impact on viewers.The National Audit Office’s (NAO) latest BBC report found £402M ($535M) is projected to be saved on “cuts to content and services” for the 2021/22 financial year and a further £103M ($137M) on “changes to scheduling mix,” meaning 52% of the organisation’s near-£1BN savings target will come via content.The circa-£500M content saving has increased five-fold over the past few years, as the BBC has had to cut more and more of its program spend in order to meet hefty targets imposed during the last licence fee settlement in
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