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Public broadcasting | |
Industry | Mass media |
Predecessor | British Broadcasting Company |
Founded | 18 October 1922 |
Founder | John Reith George Villiers |
Headquarters | Broadcasting House, London, England , United Kingdom |
Area served | Worldwide |
Key people | Richard Sharp (Chairman of the BBC) Tim Davie (Director-General) |
Products | Broadcasting, radio, web portals |
Services | Television, radio, online |
Revenue | £5.086 billion (2011/12) |
Total assets | BBC Television |
Owner | Public owned |
Number of employees | 20,916 (2015/16) |
Website | bbc.co.uk |
The British Broadcasting Corporation (BBC) is a British public service broadcaster headquartered at Broadcasting House in London. Originally established in 1922 as the British Broadcasting Company, it evolved into its current state with its current name on New Year's Day 1927. The oldest and largest local and global broadcaster by stature and by number of employees, the BBC employs over 21,000 staff in total, of whom approximately 17,900 are in public-sector broadcasting.
The BBC was established under a royal charter, and operates under an agreement with the Secretary of State for Culture, Media and Sport. Its work is funded principally by an annual television licence fee which is charged to all British households, companies, and organisations using any type of equipment to receive or record live television broadcasts or to use the BBC's streaming service, iPlayer. The fee is set by the British Government, agreed by Parliament, and is used to fund the BBC's radio, TV, and online services covering the nations and regions of the UK. Since 1 April 2014, it has also funded the BBC World Service (launched in 1932 as the BBC Empire Service), which broadcasts in 28 languages and provides comprehensive TV, radio, and online services in Arabic and Persian.