More Money Needed For Broadcasting
BRITISH CORPORATION OF FUNDS United Press Association—By Ehectrio Telegra ph.— Copyright. Received Thursday, 7 p.m. LONDON, Feb. 24. More money o:r poorer programmes is the ultimatum of the British Broadcasting Corporation whose report for 1937 discloses that, despite an income of £3,356,000, expenses including those of television were .so heavy that the corporation does not possess reserves or funds f ot replacements. It adds that the expenditure J:or 1938 will be higher owing to the building of two new short wave transmitters to enable foreign broadcasting. The corporatio]i received 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 w6re £598,000. Simultaneously with the publication of the report, the Treasury announced a supplementary estimate of £360,000 for television and propaganda broadcasts.
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Manawatu Times, Volume 63, Issue 47, 25 February 1938, Page 6
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153More Money Needed For Broadcasting Manawatu Times, Volume 63, Issue 47, 25 February 1938, Page 6
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