News Broadcasting
IPL tender submission & result date rescheduled
MUMBAI: IPL media rights is the current topic of discussion among the sporting and media circles and potential bidders.
Star India, Sony Pictures Networks (SPN) India, Amazon Seller Services, Hotstar and Reliance Jio Digital are among a list of 20-odd companies who have bought the bid documents. BCCI meantime has rescheduled the submission and result declaration of tender frokm 28 August to 1 September 2017.
Another internet giant Yahoo too has reportedly joined the race. Others in the fray include Followon Interactive Media, Times Internet, Gulf DTH, SuperSport International, GroupM Media India, beIN IP, Econet Media Group, Sky UK, ESPN Digital Media, BTG Legal Service, BT Sport, Twitter, Facebook, Discovery, Airtel, Yahoo and DAZN Perform Group.
Speaking to Indiantelevison.com, Duff & Phelps MD Varun Gupta opined , “On the television side, the clash would be between Sony Pictures Network and Star India. And, in the digital space, there is a possibility of an intense competition among Amazon, Jio and Hotstar.”
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News Broadcasting
BBC to cut up to 2,000 jobs in biggest overhaul in 15 years
Cost pressures and leadership change drive major workforce reduction plan
LONDON: BBC has unveiled plans to cut up to 2,000 jobs, roughly 10 per cent of its global workforce, in what marks its biggest downsizing in 15 years.
The announcement was made during an all-staff meeting led by interim director-general Rhodri Talfan Davies, as the broadcaster moves to tackle mounting financial pressures and reshape its operations.
Between 1,800 and 2,000 roles are expected to be eliminated from a workforce of around 21,500. The cuts form part of a broader plan to save £500 million over the next two years, aimed at offsetting rising costs, stagnating licence fee income and weaker commercial revenues.
In a communication to staff, BBC interim director-general Rhodri Talfan Davies said, “I know this creates real uncertainty, but we wanted to be open about the challenge,” acknowledging the impact the move would have across the organisation.
The restructuring comes at a time of leadership transition. Former director-general Tim Davie stepped down earlier this month, with Matt Brittin, a former Google executive, set to take over the role on May 18, 2026.
While some cost-cutting measures are being implemented immediately, the majority of the structural changes are expected to roll out over the next few years, with full savings targeted by the 2027–2028 financial year.
The broadcaster had earlier signalled its intent to reduce its cost base by around 10 per cent over a three-year period, warning of “difficult choices” as it adapts to shifting economic realities and audience expectations.
With operating costs hovering around £6 billion annually, the BBC’s latest move underscores the scale of the financial challenge it faces, as it balances public service commitments with the need for long-term sustainability in an increasingly competitive media landscape.
