Read this: BBC News - S4C independence safeguard as BBC partnership agreed
Summary: The new partnership was agreed following public consultation over plans to fund most of S4C's activities from the BBC licence fee from April. S4C will remain independent, also receiving UK government funding and generating its own revenue. The BBC will contribute 76.3m from the licence fee in 2013-14 falling to 74.5m by 2016/17. - bbc.co.uk
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