Annual BBC report says the service is struggling to keep up with Netflix and Amazon
BBC director general Tony Hall says the BBC is going to have to reinvent itself, and that this year, they’ll be working to increase efforts in online video and its iPlayer application, focusing on personalization, UX improvements, and more content. The companion radio application will also receive some upgrades, which will include a “growing range of podcasts.” The report notes that iPlayer will need to be more than just a place for people to catch up on something they missed live: it needs to be a destination for viewers and listeners.
The report concludes with a stark plea: there is only so much that the BBC can achieve with cutting costs, and if it wants to remain competitive in a marketplace dominated by US streaming companies, it will need new revenue to survive.
See the full story here: https://www.theverge.com/2018/3/28/17173218/bbc-annual-report-budget-amazon-netflix