BRITISH BROADCASTING
THE NEW CORPORATION.
(United Press Association.—Copyright.) LONDON, 11th November.
A Whito Paper explaining the transfer of the British Broadcasting Company's affairs to the new corporation, announces that the company will be bought out for £620,000. The new governors and their salaries are as follows:—Earl of Clarendon, chairman, £3000; Lord Gainford, vice-chairman, £1000; Sir Gordon Nairne (director of the Bank of England), Dr. Montague Eendall (former headmaster at Winchester), and Mrs. Philip Snowden, each £700.
Tho corporation may acquire musical^ copyrights, literary matter, collect news from any part of the world, and establish or subscribe to news agencies. There are now upwards of two million listening-in licenses. The corporation is to receive 90 per cent, of the first million license fees, 80 per cent, from the second million; 70 per cent, from tho third million; and 60 per cent, from the fourth, and any beyond that number.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/EP19261113.2.53
Bibliographic details
Evening Post, Volume CXII, Issue 117, 13 November 1926, Page 9
Word Count
148BRITISH BROADCASTING Evening Post, Volume CXII, Issue 117, 13 November 1926, Page 9
Using This Item
Stuff Ltd is the copyright owner for the Evening Post. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in