The BBC World Service has suffered major budget cuts in recent years, prompting the broadcaster to expand its news coverage in the United Kingdom.
“Others, such as Russia and Qatar, are investing in global news reporting. China Central Television [CCTV] received a nearly $7bn injection to expand global operations, increasing the potential reach of radio and satellite programming from 84m foreign households in 2009 to over 220m today,” BBC said in the report released Wednesday.
The BBC said that its World Service was the United Kingdom’s unique asset, adding that the government must recognize its importance.
The British Broadcasting Corporation, the world’s oldest national broadcasting organization, was founded in 1922. Since 2014, the BBC funds the BBC World Service, which is currently the world’s largest international broadcaster and has programs in 28 languages.
The BBC has suffered a series of major cuts since 2007, when the company’s then director general, Mark Thompson, announced plans to reduce the size of the organization and the number of employees. Further cuts were announced later, with original programming scaled down, more lay-offs and a sale of numerous company facilities.