Saturday 15 September 2007

The British Broadcasting Corporation, which is usually known as the BBC, is the largest broadcasting corporation in the world in terms of audience numbers.
It has 26,000 employees in the United Kingdom alone and a budget of more than GBP£4 billion.


Founded in 1922 as the British Broadcasting Company Ltd, it was granted a Royal Charter and made a state-owned corporation in 1927. The corporation produces programmes and information services, broadcasting globally on television, radio, and the Internet. The stated mission of the BBC is "to inform, educate and entertain" its motto is "Nation Shall Speak Peace Unto Nation".

The BBC is a quasi-autonomous Public Corporation operating as a public service broadcaster. The Corporation is run by the BBC Trust; however, the BBC is, per its charter, to be "free from both political and commercial influence and answers only to its viewers and listeners". The government's Foreign and Commonwealth Office funds the World Service.
Its domestic programming and broadcasts are primarily funded by levying television licence fees (under the Wireless Telegraphy Act 1949), although money is also raised through commercial activities such as sale of merchandise and programming. The BBC World Service, however, is funded by the Foreign and Commonwealth Office. In order to justify the licence fee, the BBC is expected to produce a number of high-rating shows in addition to programmes that commercial broadcasters would not normally broadcast.

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