The Government has decided to cut £150 Million, from the BBC budget which means lots of the programmes you watch and services you depend on will be cut.
£5 million will be cut from the News budget, which will include BBC monitoring.
£10 million will be cut from cutting individual departments and merging them.
£12 Million will be cut from Online and TV but Saturday night Entertainment will be protected.
£16 Million will be cut by gradually winding down the Red Button.
£20 Million will be cut from Long Term Contracts.
£25 Million from reducing back office costs.
£35 Million will be lost from the Sports Rights Budget.
£50 Million will be cut from Senior Management redundancies and having fewer layers between the Top and the Bottom of the Organisation. …show more content…
All these Cuts mean the BBC will have to be more efficient with fewer resources, be less reliant on Central Government funding from the Licence fee and work to attract more viewers with more of a focus on Online TV and current affairs programmes. While working hard to keep the people who watch the Red Button because of the News, sports and Entertainment coverage.
The Red Button will be replaced by Red Button+ which will show BBC I player on TV and have other Online Services on there as well.
Over the next few years another service that could be cut is the rights to Formula 1 and the Olympics because the BBC doesn’t have the funds to keep bidding for them.
Another £550 Million Pounds of cuts will be announced next