INSEAD Day 4 - 728x90

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

Burjeel profit nearly doubles

Healthcare demand drives stronger earnings.

Salik profit slips in H1

The company said traffic recovery supported resilience.

BBC launches US paid subscription to news website

The logo of BBC studios is seen on the background of BAFTA North America TV Tea Party at the Maybourne in Beverly Hills, California, September 14, 2024. AFP
  • For $49.99 a year, or $8.99 a month, users will have "unlimited access" to the BBC's news articles, feature stories and the BBC News television channel, a statement said
  • The BBC, which broadcasts across television, radio and online, said in March that it faced "unprecedented" challenges to funding

London, United KingdomThe BBC, Britain’s public broadcaster that is struggling with strained finances, on Thursday launched a paid subscription service to its website in the United States to help fund its journalism.

For $49.99 a year, or $8.99 a month, users will have “unlimited access” to the BBC’s news articles, feature stories and the BBC News television channel, a statement said.The offering will help “fund the BBC’s journalism and storytelling”, it added.

Non-paying visitors to the website will “still have access to select global breaking news stories”.

The BBC, which broadcasts across television, radio and online, said in March that it faced “unprecedented” challenges to funding, which it receives primarily via an annual fee levied on television owners in Britain.

Des Freedman, a professor of media and communications at Goldsmiths, University of London, told AFP that “the BBC is desperate to raise income”.

He said it faced “increasingly tough times in the light of challenges from streaming rivals and a reluctance on the part of government” to signficantly increase the licence fee.

Damian Tambini at the London School of Economics said the broadcaster had “started with the US because of the popularity of BBC services there”.

BBC.com has 139 million visitors globally each month, including nearly 60 million in the United States.