The BBC has acknowledged the need for "reform" of the TV licence and fee structure, as highlighted in its annual report. The broadcaster cites increasing competition from streaming services like Netflix as a threat to the traditional TV sector, which is now in "jeopardy".

The report notes a decline in the number of households paying the TV licence fee, resulting in reduced funding for the national broadcaster.

Have your say! Is the TV licence fee too high, or does it represent value for money for what the BBC does? Should there be a "red line" around adverts or a subscription-based model? Comment below, and join in on the........

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