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Media cuts details emerge

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21 October 2010

More details have just been published by DCMS about the cuts announced yesterday to the BBC, S4C, the Film Council and the British Film Institute.

The department has published the letters it has written to each of the 39 organisations that it funds, telling them how their budget will change.

You can find all of the correspondence here: http://www.culture.gov.uk/publications/7507.aspx.

You can also find Media Secretary Jeremy Hunt's ministerial statement about the cuts here: http://www.culture.gov.uk/news/ministers_speeches/7508.aspx

Interestingly, the BBC is told in its letter by Media Secretary Jeremy Hunt that it must fund a whole host of new commitments - and the first to be mentioned is Hunt’s pet project, Local Media. Hunt envisages 20 local TV stations launching within the next three years, each backed with over £1m in funding from the BBC.

More specifically, the letter says: “The BBC will play an active role in supporting new local television services through a partnership fund providing capital costs of up to a total of £25m in 2013/14 for up to twenty local TV services, subject to any necessary regulatory approval. The BBC will also commit to ongoing funding of up to £5m per annum from 2014/15 to acquire content for use on its own services from these new services.”

Meanwhile, amidst all the cuts, there is some good news. The film tax credit, which has been hugely beneficial to the UK film industry, will remain in place.

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