The BBC has acknowledged the need for "reform" of the TV licence and fee amidst growing competition from streaming services like Netflix, as highlighted in its annual report. The broadcaster is facing what it describes as "jeopardy" due to the changing landscape of the television industry.

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 conversation.

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