Britain Coronavirus BBC pandemic Britain

BBC Scrubs $433M From The Value Of Its Production, Studios & Global News Units Amid Coronavirus Crisis

Reading now: 970
deadline.com

EXCLUSIVE: The coronavirus pandemic has wiped £318 million ($433 million) off the combined value of the BBC’s commercial operations, including BBC Studios, which makes global shows including Doctor Who, Good Omens, and Top Gear.The British broadcast has revalued its three non-licence fee-funded units (BBC Studios, BBC Global News and studios facility BBC Studioworks) at £1.3 billion ($1.8 billion) since the pandemic swept through the British media industry in early 2020.

That’s down nearly a fifth (19%) on 2019’s valuation of £1.6BN ($2.1BN).The figures are a chastening reminder that, although the BBC has a guaranteed public income of £3.5BN, it has not been immune to the economic devastation of coronavirus.

Read more on deadline.com
The website starsalert.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA