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Read this: BBC3 bid: 'We're trying to say that there is another way'

Summary: What neither the trust nor BBC management acknowledged is that a pound100m windfall, for a channel the BBC plans to close anyway, would be remarkably good value for the public. Total budget, including distribution and overheads, 2013/14 pound109.3m. Content budget pound81 m. Share of linear TV viewing, 2013 1.48. Amount BBC says it can save annually by taking BBC3 online only pound50m. Amount BBC intends to reinvest into BBC1 drama pound30m. Amount bid by Hat Trick and Avalon to buy the BBC3 TV channel pound100m. Annual content budget predicted by Hat Trick and Avalon post-sale pound100m. Annual predicted ad revenue post-sale pound120m to pound150m. Annual predicted profit post-sale pound10m to pound30m.. - www.theguardian.com

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BBC3 bid: 'We're trying to say that ther…



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