
Read this: Reuters Institute for the Study of Journalism / Study reveals how cutting BBC licence fee would reduce choice
Summary: Total investment in programmes would be 5-25 lower with investment in new UK programmes likely to be 25-50 lower, which would be a severe blow to UK production companies as well as to viewers. The report says that these projections are conservative, if anything, since they assume that the BBC crowds out some of the investment in programming that would otherwise be made by commercial broadcasters. On balance, the evidence suggests that, on the contrary, the BBC probably forces commercial channels to spend more on programmes in order to attract viewers. - reutersinstitute.politics.ox.ac.uk
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