Independent Unbiased Broadcasting

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Independent Unbiased Broadcasting

Postby Suff » 04 Mar 2016, 16:34

Or NOT
There are 10 types of people in the world:
Those who understand Binary and those who do not.
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Re: Independent Unbiased Broadcasting

Postby Workingman » 04 Mar 2016, 18:20

Talk about a mountain out of a molehill.

How much influence does £3 million over four years buy when the licence fee brings in £3.75 billion every year?
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Re: Independent Unbiased Broadcasting

Postby Suff » 05 Mar 2016, 12:49

I was referring more to the €140m in loans of which €30m were outstanding at the time of the article.

When the license brings in so many billions I would like to know, firstly, why it was necessary to borrow that money and secondly, how this impacts their objectivity....
There are 10 types of people in the world:
Those who understand Binary and those who do not.
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Re: Independent Unbiased Broadcasting

Postby Workingman » 05 Mar 2016, 16:24

Businesses, even very profitable ones, take on loans. £141 million over 14 years, an average of just over £10 million a year is no big deal. It was not borrowed by the BBC, as such, it was borrowed by the split-off BBC Worldwide and at the best commercial rates available at the time. Sounds like good business practice to me.

Influence over the BBC = 0: See Gavin Hastings, Katya Adler and Laura Kuenssberg for details.
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