BBC hit with $1.3bn blow amid mass license fee refusals

Millions of UK households now say they no longer use the broadcaster’s services, a parliamentary report has found

The BBC has lost more than £1 billion ($1.3 billion) in revenue as millions of UK households cancelled or refused to pay the license fee, a parliamentary report has found.

The House of Commons Public Accounts Committee issued its findings on Friday, warning that mass cancellations and rising evasion were eroding the broadcaster’s main source of income.

The committee said the BBC was struggling to maintain its funding model even as it stepped up enforcement. The corporation and its contractor made two million home visits last year…

Read the full article at RT.COM