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Read this: Funding cuts mean BBC can't compete with Netflix, says watchdog

Summary: The BBC is struggling to compete with Netflix because it cannot afford the salaries of tech workers required to create online services, according to the UK's public spending watchdog. While Netflix is budgeting 1.7bn a year on the technology that underpins its global streaming platform, the BBC's spending on digital product development has declined to 98m. The report by the National Audit Office describes a BBC that has a clear vision of how it wants to shift to a digital-first future - but often lacks the money required for this transformation and is hamstrung by needing to maintain its existing television and radio channels. - www.theguardian.com

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Funding cuts mean BBC can't compete with…



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