BSkyB to cut BBC transmission charges by more than £5m a year
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BBC local radio services facing controversial cuts have found an unlikely saviour – BSkyB. The satellite broadcaster is reducing what it charges the BBC to transmit its TV channels and radio stations by more than £5m a year, with the corporation planning to use the windfall to reduce the local radio cuts.
BSkyB charges TV and radio broadcasters annual fees to carry their channels and stations on its satellite service with ITV, Channel 4, the BBC and Channel 5 currently paying about £24m a year.
Sky has said that it will slash those costs by over 50% by 2014 – from £24.4m to £11m for the main broadcasters – a combined saving of more than £16m.
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