[Ṁ200 subsidy] Will the BBC licence fee be axed by the end of 2028?
One-OffElectionMiddle EastEntertainmentPolitics2yManifold MarketsNo KYCVerified resolution dataFairly calibratedCurrent community forecastNo 73.3%
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binary
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Play-money forecasting platform
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Updated 1 hour ago
LaggingAug 3, 23, 11:25 PM UTCDec 31, 28, 3:59 PM UTC
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The BBC licence fee is the annual payment required in the UK to legally watch live broadcast television and access BBC iPlayer services.
- It currently costs £159 per year for a color TV licence.
- The licence fee system has been in place since 1923, originally as a radio licence, as a way to fund the broadcaster.
- In January 2022, the culture secretary of the UK, Nadine Dorries, announced plans to freeze the licence fee for the next two years.
- She also said she wants to find a new funding model for the BBC after the current licence fee funding deal ends following the expiration of the current Royal Charter on 31 December 2027, as she aims to eventually scrap the license fee altogether.
- Dorries has been a vocal critic of the BBC, but had since resigned from the government following the end of the Johnson ministry.
