WIRELESS IN BRITAIN
CONTROL OF BROADCASTING. NEW CORPORATION TAKES OVER. (Free* Association—By Telegraph—Copyright.) LONDON, November 11. (Received Nov. 12, at 9 p.m.) A White 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 arc as follows;—The Earl of Clarendon (chairman), £3000; Lord (vicechairman), £1000; Sir Gordon Nairne, a director of the Bank of England, Dr Montague Randall, a former head master of Winchester, and Mrs Philip Snowden £7OO each.
The corporation may acquire the musical copyrights of literary matter, collect nows in any part of the world, and establish or subscribe to news agencies. There are now upwards of 2,000,000 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 the third million, and 60 per cent, from the fourth and any beyond that number. —A. and N.Z. Cable.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/ODT19261113.2.108
Bibliographic details
Otago Daily Times, Issue 19946, 13 November 1926, Page 14
Word Count
167WIRELESS IN BRITAIN Otago Daily Times, Issue 19946, 13 November 1926, Page 14
Using This Item
Allied Press Ltd is the copyright owner for the Otago Daily Times. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons New Zealand BY-NC-SA licence. This newspaper is not available for commercial use without the consent of Allied Press Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.