8.8.C. NEEDS MORE MONEY
* TELEVISION AND PROPAGANDA INCREASE EXPENSES (Received February 24, 8.5 p.m.) LONDON, February 24. “More money or poorer programmes” is the ultimatum of the British Broadcasting Corporation. The report of the corporation for 1937 discloses that in spite of an income of £3,356,000, expenses (including .those of television) are so heavy that the corporation does not possess reserves or funds for replacements. The report adds that expenditure in 1938 will be higher, because of the building of two new short-wave transmitters to enable foreign broadcasting. The corporation receives 75 per cent, of the licence receipts, but experience has shown that this is required for sound broadcasting in order to maintain the standard of programmes, on which the expenditure last year was £1,729,000, while engineering expenses were £598,000. With the publication of the report the Treasury announced a supplementary estimate of £360,000 for television and propaganda broadcasts. •
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Press, Volume LXXIV, Issue 22336, 25 February 1938, Page 13
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149B.B.C. NEEDS MORE MONEY Press, Volume LXXIV, Issue 22336, 25 February 1938, Page 13
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