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Read this: UK channels spend on new homegrown shows falls by more than 150m | Media |

Summary: Ofcom's annual public service broadcasting report shows that the combined spend by the UK's PSBs on new homegrown shows fell by 6 year on year to 2.3bn as the recession hit advertising revenues. Five swung the axe the deepest, cutting spend on UK-originated, first-run PSB programming by 28 year on year to 69m. Overall the BBC cut spend by just 1, to 1.2bn. -

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