Read this: BBCs Tony Hall takes on critics after attack by Rupert Murdoch
Summary: Lord Hall, speaking to an audience of tech entrepreneurs and media bosses in London, said the critics are missing the point when they say the BBC is crowding out the market. Rather, he maintained, the BBCs 5bn in annual revenue provides risk capital for independent media companies to make programmes and films that the commercial sector would not be able to fund alone. For me, the BBC is one of those amazing brands that makes Britain what it is, she said, noting creative industries are growing at twice the rate of the rest of the UK economy. - independent.co.uk
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