BBC faces financial 'uncertainty' due to reliance on licence fee – report

National Audit Office also highlights risks of falling audience share and broadcaster being ‘slow to change’

The BBC faces an uncertain future because it relies heavily on the licence fee as its audience share plummets, Whitehall’s spending watchdog has concluded.

In a pointed warning, the National Audit Office said the corporation has postponed making difficult decisions about future income streams, and is dipping into its reserves to cover the cost of free licences for viewers over 75 years old.

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from The Guardian https://ift.tt/3iswkJL