BBC Faces Biggest Overhaul in Decade, May Lose License Fee

The BBC is under pressure to defend a funding model that generates 3.7 billion pounds ($5.8 billion) a year by levying an annual license fee on U.K. households with televisions.

Photographer: Olli Scarff/Getty Images

The British Broadcasting Corp. may lose its income from license fees and have to rely on a subscription service as it faces its biggest shake-up in a decade.

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