The BBC is one of Britain's proudest institutions, but what does its future look like?
As Netflix and other digital streaming services produce more popular and high-quality content, capturing the nation's attention at home and globally, it's natural to wonder how Auntie Beeb will keep up.
At the grand total of £7.49 a month (totalling about £90 in a year), Netflix is a fair amount cheaper than the BBC licensing fee which costs £147 annually. Will people remain committed to paying this fee when they can watch high-quality programming elsewhere? As this article in PR Week comments, the BBC is fairly safe for now but it will have to start thinking about how it will innovate its funding model to ensure it remains strong in the future.
I feel extremely confident in the BBC's ability to transform - this global organisation continually surprises me with the breadth and depth of its coverage at home and abroad. There will be a lot of people working on this current challenge because there are a lot of people who care deeply about this organisation. But it can't be denied that it's got some serious work to do in order to keep up with the way the world's going.
Because of "the unique way the BBC is funded", the Corporation doesn’t feature advertising in its programmes – and with the license fee secured till the end of its current charter in 2027, it’s not likely to do so any time soon. But the rapid changes in the broadcast industry – from the emergence of streaming services like Netflix to new video platforms like Snapchat and Facebook – mean the face of TV may be very different in 10 years.