Read this: BBC warned over TV licences as younger viewers flock to Netflix
Summary: MPs have warned about the increasingly dire state of the BBC's finances as competition from Netflix pushes up the cost of making programmes, and called on the government to find a way of ensuring all over-75s continue to receive a free TV licence. The corporation argues that the 745m annual cost of maintaining the status quo would have taken up a fifth of its budget, equal to the total amount it spends on all of BBC Two, BBC Three, BBC Four, the BBC News channel, CBBC and CBeebies. - www.theguardian.com
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