Bbc Revenue From License Fee

Only ten per cent said they would be.

Bbc revenue from license fee. The licence fee as a method of funding the bbc dates back to 1923 when it was charged on the owners of radio sets. A standard tv licence is currently 157 50. Capita is paid 58m a year by the bbc in a contract which will run until 2022. Furthermore feasibility in terms of replacing licence fee revenue is questionable.

The standard tv licence now costs 154 50 a year and pays for the bbc s tv. Some 25 million licences were bought last year by uk households 1 61 million contacted the bbc to say. Ampere s analysis has found that the uk tv ad market would need to grow by 86 per cent for the bbc to replace its current licence fee revenue without driving a loss in revenue for competing commercial broadcasters. In 2015 166 000 people were fined for licence fee evasion which is a criminal offence.

The bbc is primarily funded by the licence fee supplemented by income from our commercial subsidiaries. This statistic displays the bbc s licence fee income in the united kingdom uk from the fiscal year ended march 31 2010 to the fiscal year ended march 31 2020. Tv licence sales have collapsed by 250 000 as evasion and younger viewers preference for streaming services hit bbc revenues households bought 25 671 million licences in the past year down from. Out of 1 000 questioned in a sun commissioned survey by onepoll just 43 per cent feel the bbc provides value for money with its annual 157 50 licence fee.

Of this 3 52 billion british pounds were attributed to the license fees paid by uk households. According to the bbc the average annual household license fee came to 12 54 british pounds up 29. Altogether the bbc spent 4 7bn in 2014 a cost which may fall. Funding through the tv licence.