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July 07, 2015 1:48 AM ET

Media

Company Overview of British Broadcasting Corporation

Company Overview

British Broadcasting Corporation operates as a public service broadcaster in the United Kingdom and internationally. It operates through UK PSB Group, BBC World Service and BBC Monitoring, and BBC Worldwide segments. The company broadcasts on radio, television (TV), and online providing news and information in 27 languages and world service English language. It offers national TV services providing entertainment, news, current affairs, and arts; and operates national radio stations that provide music and speech programming to audiences in the United Kingdom. The company also operates a portfolio of Websites, including BBC news, sport, and weather; children’s sites, such as CBBC and CBeebies;...

Broadcasting House

London,  W1A 1AA

United Kingdom

Founded in 1922

20,736 Employees

Key Executives for British Broadcasting Corporation

Director-General and Executive Director
Age: 63
Managing Director of Finance & Operations and Executive Director
Chief Executive Officer of BBC Children in Need
Executive Vice President of News and Sport
Head of Africa and Middle East Region Operations
Compensation as of Fiscal Year 2015.

British Broadcasting Corporation Key Developments

BBC Plans to Cut 1,000 Jobs as Part of a Long-Term Savings Programme

The BBC said Thursday it is cutting more than 1,000 jobs as part of a long-term savings programme, made more urgent by a shift to online viewing that threatens its funding. The public service broadcaster is funded by the licence fee, an annual levy imposed on all British households with a television, which raised £3.72 billion fiscal 2014. But the number of people paying this fee is declining faster than expected because more and more people are ditching their TVs to watch programmes online. The company proposes merging some departments, cutting up to three layers of management in some areas, and "simplifying" support services such as marketing, finance, human resources and IT.

Ericsson Signs Seven-Year Playout Services Contract with BBC

Ericsson has signed a seven-year playout services contract with the British Broadcasting Corporation. Playout services include the technology and operations that allow broadcasters to deliver programs to audiences through network, linear television channels. The contract was awarded following a long and competitive tender process and includes playout and media management services for the BBC's portfolio of TV channels in the UK (BBC One, BBC Two, BBC Four, CBeebies and CBBC) and its interactive Red Button service. The contract also includes playout and media management for the BBC's commercially funded international news channel, BBC World News, which is available in more than 200 countries worldwide.

British Broadcasting Corporation Appoints David Pickard as Director of the BBC Proms

British Broadcasting Corporation has appointed David Pickard as director of the BBC Proms. David is currently General Director at Glyndebourne and will take up his new role later this year, reporting to Alan Davey, Controller of BBC Radio 3. Edward Blakeman, Director, BBC Proms 2015, will continue to lead the festival throughout this year's season and ahead of David's arrival.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
January 20, 2015
British Broadcasting Corporation, BBC Three
Merger/Acquisition
January 9, 2015
White City Place in London
 

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