U.K. public broadcaster BBC said on Wednesday that it will “need to find £285 million ($375 million) in annual savings by 2027/28, requiring a reduction in the content and services we provide to audiences,” as a result of a new license fee settlement with the British government.
In its annual plan, it also set out a target of 25 percent of staff being “from lower socio-economic backgrounds” by 2027 to “ensure our workforce is more representative of the audiences we serve.” It explained: “This will make us one of the first media organizations in the U.K. to set a target for socioeconomic diversity.”
The plan set out five strategic priorities for fiscal year 2022/23: strengthening impartiality, creating “distinctive, high-impact content,” transforming digital offers and capability, accelerating commercial and global growth, as well as “delivering reform of the BBC, getting closer to audiences…
