Read this: S4C faces 24% cut in grant | Media | guardian.co.uk
Summary: Sources close to the channel and to the DCMS say that they expect S4C to face a 24 cut overall, phased in with a 6 reduction for each of the next four years, starting in 2011. The level of annual grant is announced in November, and under the format established in 1996 has traditionally been tied to the RPI. The channel initially received a grant of 101.647m for 2010, and also benefits from free programmes, including Welsh news and Pobol-y Cwm, its soap opera, worth an extra 25m. - guardian.co.uk
www.guardian.co.ukS4C faces 24% cut in grant | Media | gua…Transcriptions done by Google Cloud Platform.
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