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BBC3 and BBC4 face budget cuts.

Europe Intelligence Wire

| December 01, 2008 | COPYRIGHT 2008 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From Guardian Unlimited)

BBC3 and BBC4's budgets could be cut under radical plans being discussed to make cost-savings at the corporation.

The BBC is looking to make efficiencies to meet a GBP140m shortfall over the next five years due to the economic downturn.

Plans to sell off key buildings such as BBC Television Centre in west London are being reviewed, along with spending across the corporation.

Discussions are still in very early stages, but BBC sources said that one of the ideas being mooted is to reduce the budgets of digital youth channel BBC3 and its highbrow sibling BBC4.

"There is a suggestion that BBC3 and BBC4's budgets could be cut as a result of the shortfall but it is early days, no decisions have been made yet," one insider added.

BBC3 has already endured a cut to an GBP80m annual budget from a high of GBP97m.

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