The BBC is a vital part of the British media landscape. It is a public service broadcaster which means we own it. It doesn't make a profit and exists to produce high-quality media for the British public. It's paid for by the TV licence and produces a huge amount of content for the whole of Britain - TV, radio, BBC website, iPlayer and more. The BBC still follows its original mission statement from 1927: Inform, Educate and Entertain The licence fee is currently £159 a year and must be paid by any household that wants to watch live broadcast TV or iPlayer. You don't need the TV licence to watch Netflix or other international streaming services. BBC: Industry notes The BBC (British Broadcasting Corporation) is a public service organisation and the oldest national broadcaster and the biggest in terms of employees [over 20,000]. It is different from other TV broadcasters in that funding comes from us all as BBC licence fee payers whereas other channels rely on advertis