Thursday, July 17, 2008

BBC adds more to the economy than it collects says report

This morning's FT looks ahead to a report from the BBC Trust which will claim

that it adds £6.5bn to the value of the economy, about twice the amount it collects in licence fee payments


The report goes onto say that

The figures will be quoted by Sir Michael Lyons, chairman of the Trust, when he gives a speech to an EU conference tonight on the administration of public-service broadcasting (PSB).


The report by PCW carries some warnings though.

its powerful position in radio and ability to dictate the choice of media technologies may have a negative impact in the future.
and that the

broadcaster does not damage commercial radio by exploiting its powerful market position or by adopting particular technologies that force independent media companies to follow suit.

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