BBC faces funding crisis, warns of content cuts

The BBC said Monday its real income has fallen by £1 billion ($1.3 billion) a year compared to 2010 as it warned of “unprecedented” challenges to funding its content.

“Without intervention, it will be difficult to maintain the current ambition and volume of UK content,” the BBC said in its strategic plan for the year ahead.

BBC Group says it expects income of £6.1 billion in 2025/26, which represents a £1 billion annual drop since…