"The BBC Trust, which watches over the broadcaster’s budget on behalf of UK citizens who pay the license fee that funds operations, has agreed to a £30.7 million ($44.3 million) budget increase for the BBC’s web ventures. That brings the total to more than £145 million a year for the next three years. Meanwhile, traffic to online video web sites has risen 40.7 percent in the UK over the last 12 months, with YouTube garnering 62.9 percent of those visits, according to the Beeb. Further, traffic to the BBC’s iPlayer is up 152.1 percent, and is second to YouTube among video sites with an 11.2 percent share. Hopefully the budget increase will be enough to cover the growing bandwidth bill. The extra money comes at a time when the BBC is otherwise scaling back."
Jackson West @ BBC Trust Boosts Web Budget, Cuts TV and Film Money
follow the money.
