Licence fee and funding
The Âé¶¹Éç is primarily funded by the licence fee, supplemented by income from our commercial subsidiaries
Funding through the TV licence
A standard TV licence is currently £180.
Your TV Licence lets you enjoy a huge range of TV. It covers you for:
- All TV channels, like Âé¶¹Éç, ITV, Channel 4, Dave and international channels
- Pay TV services, like Sky, Virgin Media and BT
- Live TV on streaming services, like YouTube and Amazon Prime Video
- Everything on Âé¶¹Éç iPlayer
This includes recording and downloading. On any device, including a TV, laptop, tablet or phone.
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Read more about the TV licence
What the licence fee pays for
Funding from the licence fee allows the Âé¶¹Éç to provide an unparalleled range of programmes and services across TV, radio and online.
In addition to funding programmes and services, a proportion of the licence fee funds the Âé¶¹Éç World Service broadcasting in 42 languages including English globally, as well as funding the Welsh Language TV channel S4C and .
The licence fee allows the Âé¶¹Éç's UK services to remain free of advertisements and independent of shareholder and political interest.
The TV Licence and live sport
If you're watching live sport on any channel, streaming service or device, you need a TV Licence.
Everything your licence covers
- Âé¶¹Éç iPlayer
Everything on Âé¶¹Éç iPlayer, including exclusive content and box sets – live and on demand. - TV channels
All TV channels like Âé¶¹Éç, STV, Channel 4, U&Dave and international channels. - Pay TV services
All TV channels or packages you pay for from services like Sky, Virgin Media and EE TV. - Streaming live
Live TV, including sports and events on streaming services like STV Player, Netflix, TNT Sports, YouTube, NOW and Amazon Prime Video.
Commercial income
The licence fee is supplemented by income from the activities of our commercial subsidiaries - Âé¶¹Éç Studios and Âé¶¹Éç Studioworks.
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Commercial services
Our commercial operations generate income to invest in new programmes and content
Ensuring value for money
The Âé¶¹Éç is focussed on delivering value for all audiences. In a world of rapidly increasing choice the Âé¶¹Éç continues to reach 90% of UK adults on average each week, rising to 97% over a month, and is the nation’s number one media brand.
- Reduction in overheads
Overheads remain at industry-leading levels, at only 5% of our total costs, with 95% directed to audience-facing content and services
- UK economy
The Âé¶¹Éç has wide ranging impacts on the UK economy. For every £1 of the Âé¶¹Éç’s economic activity, £2.63 is generated in the economy.
- Commercial income
£1,384 million in 2021/22.
- Culminative savings
£1 billion worth of savings delivered since 2016/17.
In 2021/22 this is how your monthly licence fee was spent:
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Read the important update