The BBC will close two radio stations, shut half its website and cut spending heavily on imported American programmes in an overhaul of services to be announced next month. In a wideranging strategic review, he will announce the closure of the digital radio stations 6 Music and Asian Network and introduce a cap on spending on broadcast rights for sports events of 8.5 per cent of the licence fee, or about £300 million. He will also pledge to close BBC Switch and Blast!, leaving the lucrative teenage market to ITV and Channel 4. But BBC Three, which is aimed at 16 to 35-year-olds will not be touched.
Cuts at the BBC - sounds good so far.
Full Times article here