Today’s guest, the IEA’s Senior Academic Fellow, Professor Philip Booth, says that we should, arguing that the BBC funding model needs to be pulled into the 21st century. The UK has a long history of successful mutuals and co-operatives, Philip argues, that are popular with their members. Such an ownership model for the BBC would be fit-for-purpose in the modern broadcasting world, detach the BBC from the state, and promote real diversity of corporate structures in the world of media.

A re-modelled BBC could better leverage its brand internationally and be a commercial success as well as perform other less-overtly commercial functions that its member-viewers value.

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