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Read this: BBC to cut 1,000 hours of TV increases savings target to $495m as licence fee freeze bites

Summary: The BBC has revealed it is cutting 1,000 hours of programming from its slates in a bid to achieve a revised savings target that has soared from 285m to 400m. The news emerged in the UK pubcaster's annual plan, which was published on Thursday, and will see around 500 hours of sports programming being cut from schedules, partly because there are fewer major events this year. The decision comes as the BBC faces considerable challenges to its model, largely because of the ongoing prize freeze of the TV licence fee, which has come at a time when programming costs have been rising rapidly. - link

BBC to cut 1,000 hours of TV increases s…

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