Read this: BBC News - BBC Three to be axed as on-air channel
Summary: The BBC will make an official announcement on Thursday, media correspondent David Sillito said. The channel's service budget was 85m in 2013/14 - although moving the channel online would not eradicate those costs entirely. However, he added, the move to iPlayer would make sense for the station's target audience of 16-34 year-olds. - bbc.co.uk
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