BBC Annual Plan Details Content Funding Woes, Truth Focus at 'Challenging Time' for Democracy
The BBC on Monday published its annual plan for the fiscal year ahead, outlining a commitment to truth at a 'challenging time for global democracy,' as well as 'unprecedented' content funding issues.
'The role of the BBC has never been more important,' the annual plan began, highlighting conflicts in Ukraine, Sudan, the Middle East as well as climate change and a 'renewed battle for control of online spaces'. Tech companies like Meta and X are 'championing the withdrawal of controls and moderators,' the BBC said, and Donald Trump has 'set the tone' for his second term.
More from The Hollywood Reporter
BMG Reports Record Profit for 2024 as Digital Revenue Jumps 16 Percent
Yoko Shimomura, Game Composer for 'Final Fantasy XV,' 'Mario & Luigi,' to Receive BAFTA Fellowship
Korean Actor Kim Soo-hyun Denies He Groomed and Dated Late Actress When She Was Underage
The broadcaster contextualized the goals are set against a BBC budget down £1 billion ($1.3b) compared to 15 years ago, necessitating the 2,000+ cuts made in the last five years.
The corp is entering the coming year with an 'ambitious' program and a 'smaller, leaner workforce following an aggressive savings' program. This will involve strengthening their streaming platform iPlayer by offering breaking news and in-depth documentaries, and reaching younger audiences by expanding BBC News on both TikTok and Instagram.
The challenge of global democracy and the rise of social media influencers has hastened the internet's fake news problem. 'Social media companies are relaxing content moderation while positioning themselves as champions of free speech, in a move that is likely to increase misinformation,' the plans detailed while discussing the shift to online news creating difficulties for publishers.
Despite this, consumers retain more trust in broadcasters than in social media, according to BBC figures, and the corporation itself remains the U.K.'s number one news source.
The plans acknowledge the fallout following the release of Gaza: How to Survive a Warzone. 'The trust audiences place in the BBC is crucial so when we get things wrong… we will be prompt in establishing the facts and transparent about any mistakes that may have been made and how we can avoid them happening again.'
The continued competition in video streaming is putting pressure on advertising-funded broadcasters, the BBC also acknowledged, noting it is a problem in the U.S., too, as Comcast plans to sell of their NBC Universal networks.
Content spending remains high but total commissions are down, the annual plans said. As viewing shifts to international platforms, consumption of British content is therefore 'at risk'. The change in distribution of production revenues has hurt freelancers and the reduction in global TV commissions and co-commissions is putting further pressure on production companies in the U.K.
'The BBC faces an unprecedented content funding challenge, as co-production partnerships with global streamers and media companies have reduced across the sector. Without intervention, it will be difficult to maintain the current ambition and volume of U.K. content,' the plan continued, as content spending for the coming year is set to drop by £150 million ($200 million) to £2.5 billion.
The top three most-viewed titles of 2024 in the U.K. were all BBC — the 2024 European Championship final, England v Spain, as well as Wallace & Gromit: Vengeance Most Fowl and Gavin & Stacey — as the plans peddled the notion that the BBC is the home of the best British content. Netflix's Adolescence remains the top talking point for British TV audiences this week, with Prime Minister Keir Starmer unveiling on Monday that the show, tackling toxic masculinity and the rising impact of online misogyny on children, will be made available to screen in U.K. schools. 'As a father, watching this show with my teenage son and daughter, I can tell you — it hit home hard,' Starmer said.
New 2025 titles the broadcaster highlights include the return of The Night Manager, Sally Wainwright's Riot Women, Lord of the Flies adapted by Jack Thorne and Richard Gadd's Half Man. Their factual slate boasts Once Upon a Time in Space, a documentary on the killing of George Floyd, and Walking with Dinosaurs. New comedies include How Are You? It's Alan (Partridge), a Welsh murder-mystery comedy drama Death Valley and Simon Mayhew-Archer's Can You Keep a Secret?
BBC director-general Tim Davie said: 'We are focused on our mission to deliver value for all, through our journalism, our storytelling and our unique ability to bring people together.'
'The U.K.'s creative industry continues to change rapidly, as does the world around us. This plan sets out how the BBC continues to evolve for audiences, both on and off air, but also how we will support and invest in the wider industry.'
Best of The Hollywood Reporter
The Cast of 'Buffy the Vampire Slayer,' Then and Now
'Yellowstone' and the Sprawling Dutton Family Tree, Explained
A 'Star Wars' Timeline: All the Movies and TV Shows in the Franchise
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Business Insider
an hour ago
- Business Insider
Meta Platforms (META) to Run AI Data Centers on Wind and Solar Power
Technology giant Meta Platforms (META) is planning to power its artificial intelligence (AI) data centers with renewable energy sources such as wind and solar. Confident Investing Starts Here: The Silicon Valley-based company run by CEO Mark Zuckerberg has signed a deal with privately held clean energy provider Invenergy to supply its AI data centers with 791 megawatts more of solar and wind power, the companies announced in a news release. This is the latest deal that Meta Platforms has signed to help meet its soaring power needs as it races to bring data centers online that can power its AI technologies and applications. This is Meta's second deal with Invenergy. In 2024, Meta signed a contract with the Chicago-based renewable energy provider for 760 MW of solar electricity. The combined deals bring the companies' total partnership to 1,800 MW. Surging Power Needs Meta has also inked deals with several large solar power providers, a geothermal start-up company, and is seeking proposals from nuclear power developers. The moves come as Meta rushes to bring AI data centers online and keep up with rivals such as Microsoft (MSFT) and Amazon (AMZN). The electricity from Invenergy's solar and wind projects situated in Ohio, Arkansas and Texas will be delivered to the local grid, while Meta will receive clean energy credits associated with the new generation capacity coming online, said the companies. META stock is up 25% this year. Is META Stock a Buy? The stock of Meta Platforms has a consensus Strong Buy rating among 46 Wall Street analysts. That rating is based on 42 Buy, three Hold, and one Sell recommendations issued in the past three months. The average META price target of $714.26 implies 0.79% upside from current levels.


Newsweek
an hour ago
- Newsweek
Senate to Vote on Trump's 'Big, Beautiful Bill': Here's What It Contains
Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources. Newsweek AI is in beta. Translations may contain inaccuracies—please refer to the original content. The U.S. Senate is working through the weekend to pass President Donald Trump's comprehensive domestic policy bill, a sprawling 940-page piece of legislation that Republicans are calling crucial for the nation's economic future. The U.S. House of Representatives has already passed their version, and senators are now working to finalize their draft before sending it back for a final House vote while Democrats remain united in opposition to the package. Why It Matters This legislation represents Trump's signature domestic policy initiative, combining massive tax cuts with significant spending on border security and defense while implementing substantial cuts to social safety net programs. The Congressional Budget Office (CBO), which is nonpartisan, estimates the House's version would add $2.4 trillion to the nation's deficit over the next decade, though Republicans dispute this calculation. The bill's passage would fundamentally reshape federal spending priorities and tax policy, affecting millions of Americans across income levels. What To Know The bill centers on approximately $3.8 trillion in tax cuts, making permanent the tax rates and brackets from Trump's first term while adding new exemptions for tips, overtime pay, and some automotive loans. The legislation would increase the child tax credit from $2,000 to $2,200 and provide a $6,000 deduction for older adults earning under $75,000 annually. The state and local tax (SALT) deduction cap would increase from $10,000 to $40,000 for five years. For border security and immigration enforcement, the package allocates $350 billion, including $46 billion for the U.S.-Mexico border wall and $45 billion for 100,000 migrant detention facility beds. The plan aims to deport approximately 1 million people annually through hiring 10,000 new U.S. Immigration and Customs Enforcement (ICE) officers and expanding Border Patrol forces. To offset costs, Republicans propose significant cuts to Medicaid, food stamps, and green energy programs, potentially saving $1.5 trillion. The legislation would impose new 80-hour monthly work requirements for Medicaid and food stamp recipients up to age 65, while rolling back former President Joe Biden-era's renewable energy tax incentives. The CBO estimates these changes would leave 10.9 million more people without health coverage and 3 million without food stamp eligibility. Additional provisions include $25 billion for the "Golden Dome" missile defense system, establishment of "Trump Accounts" children's savings program, and $40 million for a "National Garden of American Heroes." The bill also restricts artificial intelligence (AI) development, blocks transgender surgeries, and directs the sale of up to 1.2 million acres of public land for housing development. The U.S. Capitol is seen on June 28 in Washington, D.C. The U.S. Capitol is seen on June 28 in Washington, People Are Saying President Donald Trump on Truth Social on Friday: "The Great Republicans in the U.S. Senate are working all weekend to finish our 'ONE, BIG, BEAUTIFUL BILL.' We are on the precipice of delivering Massive General Tax Cuts, NO TAX ON TIPS, NO TAX ON OVERTIME, NO TAX ON SOCIAL SECURITY FOR OUR SENIORS, Permanently Securing our Borders, an even Bigger and More Powerful Military." House Republicans' X, formerly Twitter, account wrote on Friday: "House Republicans are united and ready to DELIVER the largest tax cut for working and middle-class Americans in history. The One Big Beautiful Bill Act will unleash our economy and restore the American Dream." Senate Democratic Leader Chuck Schumer of New York wrote on X on Saturday: "BREAKING: I will object to Republicans moving forward on their Big, Ugly Bill without reading it on the Senate floor. Republicans won't tell America what's in the bill. So Democrats are forcing it to be read start to finish on the floor. We will be here all night if that's what it takes to read it." Trump on Truth Social on Saturday: "WHY ARE THE DEMOCRATS ALWAYS ROOTING AGAINST AMERICA???" Tech billionaire and MAGA ally Elon Musk wrote on X on Saturday: "Polls show that this bill is political suicide for the Republican Party." In his post, he shared polling data from The Tarrance Group that showed majority opposition across different voter groups. What Happens Next The Senate must complete its work and pass the bill before sending it back to the House for a final vote. Trump has demanded the legislation reach his desk by July 4th. With Democrats united in opposition and some Republican concerns emerging over provisions affecting rural hospitals and AI restrictions, the timeline remains uncertain. Reporting from the Associated Press contributed to this article.


Politico
2 hours ago
- Politico
‘Kill shot:' GOP megabill targets solar, wind projects with new tax
Senate Republicans stepped up their attacks on U.S. solar and wind energy projects by quietly adding a provision to their megabill that would penalize future developments with a new tax. That new tax measure was tucked into the more than 900-page document released late Friday that also would sharply cut the tax credits in the Inflation Reduction Act for solar and wind projects. Those cuts to the IRA credits were added after a late-stage push by President Donald Trump to crack down further on the incentives by requiring generation projects be placed in service by the end of 2027 to qualify. The new excise tax is another blow to the fastest-growing sources of power production in the United States, and would be a massive setback to the wind and solar energy industries since it would apply even to projects not receiving any credits. 'It's a kill shot. This new excise tax on wind and solar is designed to fully kill the industry,' said Adrian Deveny, founder and president of policy advisory firm Climate Vision, who helped craft the climate law as a former policy director for Democratic Senate Leader Chuck Schumer. Analysts at the Rhodium Group said in an email the new tax would push up the costs of wind and solar projects by 10 to 20 percent — on top of the cost increases from losing the credits. 'Combined with the likely onerous administrative reporting burden this provision puts in place, these cost increases will lead to even lower wind and solar installations. The impacts of this tax would also flow through to consumers in the form of higher electricity rates,' Rhodium said. The provision as written appears to add an additional tax for any wind and solar project placed into service after 2027 — when its eligibility for the investment and production tax credits ends — if a certain percentage of the value of the project's components are sourced from prohibited foreign entities, like China. It would apply to all projects that began construction after June 16 of this year. The language would require wind and solar projects, even those not receiving credits, to navigate complex and potentially unworkable requirements that prohibit sourcing from foreign entities of concern — a move designed to promote domestic production and crack down on Chinese materials. In keeping with GOP support for the fossil fuel industry, the updated bill creates a new production tax credit for metallurgical coal, which is used in steelmaking.