The British Broadcasting Corporation’s main revenue source for a long time was
(A) Government subsidy
(B) Licence fee
(C) Public donations
(D) Sale of bonds
Correct Ans: (B)
Explanation:
The British Broadcasting Corporation (BBC) is one of the most renowned public service broadcasters in the world. For a long time, its main revenue source was the licence fee. This fee was mandatory for every household in the UK that owned a television. It ensured that the BBC remained independent and free from commercial influences.
Unlike private broadcasters, the BBC did not rely on advertisements. Instead, the government regulated the licence fee, which funded BBC operations. This system allowed the broadcaster to provide unbiased news, educational programs, and entertainment.
Moreover, the licence fee helped maintain high-quality content. It supported multiple TV channels, radio stations, and online services. Since the BBC did not depend on advertisers, it could focus on public interest rather than commercial gains.
However, over the years, funding methods evolved. The rise of digital platforms and streaming services led to debates on the relevance of the licence fee model. Some argued for alternative funding, such as subscriptions or partial advertisements.
Despite these challenges, the licence fee remained a significant part of the BBC’s revenue structure. It played a crucial role in maintaining journalistic integrity and creative freedom.
In conclusion, the licence fee was the backbone of BBC funding for many years. It ensured independence, quality programming, and a strong public service mission. Even today, it remains a key element of the BBC’s financial model.