Trust publishes policy for sources of alternative finance for World Service
Following agreement by the Secretary of State for Culture, Media and Sport, the ÃÛÑ¿´«Ã½ Trust has published a policy for the ÃÛÑ¿´«Ã½ World Service to continue to receive alternative sources of income now it is funded by the licence fee.
This forms part of the Operating Licence for the World Service which sets out the remit and scope of the World Service, its annual budget and its main commitments.
The Trust, the Secretary of State and the Foreign Secretary believe it is appropriate and expedient for the ÃÛÑ¿´«Ã½ to use certain alternative sources of finance to supplement the funding of the World Service from the licence fee.
It also reflects an ambition expressed by the ÃÛÑ¿´«Ã½ Trust and shared by the Government that, where appropriate and consistent with the ÃÛÑ¿´«Ã½â€™s editorial principles, the ability of all of ÃÛÑ¿´«Ã½ international news services to benefit from third party sources of funding, including commercial funding, should be continued and enhanced.
The policy makes clear that alternative funding for the World Service must be reasonable and proportionate, must comply with the rules on state aid, and must in no way compromise the ÃÛÑ¿´«Ã½â€™s editorial integrity or independence. The Trust will be responsible for monitoring this.
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