Read this: BBC News - S4C: Welsh broadcaster to axe high definition service
Summary: The announcement came as the Welsh language broadcaster said it made a loss of more than 6m last year. S4C Authority chairman Huw Jones said the figure, published in its annual report, reflected an 11m reduction in its public funding. He said the channel had used some of its reserves rather than implement the whole cut in its programme budget in the short term. - bbc.co.uk
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