BBC Deficit Projected To Skyrocket To $620M Next Year

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The BBC’s financial deficit is projected to reach nearly £500M next year as the corporation delivers what it has described as a “transformational budget.” Unveiling its Annual Plan this afternoon, which sets priorities for the coming year, the BBC forecast a deficit of £492M ($620M) for 2024/25, a sharp rise of 40% from this year. […]

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