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Sherringdom t1_jedrfta wrote

Reply to comment by TacticalBeerCozy in BBC to cut 1,000 hours of new TV programming in 2023 to save money by Kagedeah

This situation is quite unique though because the license fee has been frozen but inflations gone up, so there’s no option but to make cuts. Other businesses are just raising prices.

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TacticalBeerCozy t1_jedsemv wrote

companies are doing both though, they are cutting staff and raising prices. It's a horrible feedback loop as the more people lose jobs the worse the market will get, causing even more cost-cutting measures as nobody can afford high prices. BBC sees the writing on the wall - who's gonna keep paying for their tv license after their income stops?

Thanks to AI models it's gonna keep escalating too, fun stuff

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