大象传媒

Licence fee and funding

The 大象传媒 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 拢169.50

Your TV Licence lets you enjoy a huge range of TV. It covers you for:

  • All TV channels, like 大象传媒, 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 大象传媒 iPlayer

This includes recording and downloading. On any device, including a TV, laptop, tablet or phone

What the licence fee pays for

Funding from the licence fee allows the 大象传媒 to provide an unparalleled range of programmes and services across TV, radio and online. More information about the breadth of content the 大象传媒 produces can be found here: 

In addition to funding programmes and services, a proportion of the licence fee funds the 大象传媒 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 大象传媒's UK services to remain free of advertisements and independent of shareholder and political interest.

Commercial income

The licence fee is supplemented by income from the activities of our commercial subsidiaries - 大象传媒 Studios and 大象传媒 Studioworks.

Ensuring value for money

The 大象传媒 is focussed on delivering value for all audiences. In a world of rapidly increasing choice the 大象传媒 continues to reach 90% of UK adults on average each week, rising to 97% over a month, and is the nation鈥檚 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 大象传媒 has wide ranging impacts on the UK economy. For every 拢1 of the 大象传媒鈥檚 economic activity, 拢2.63 is generated in the economy.
  • Commercial income
    拢1,384 million in 2021/22.
  • Culminative savings
    拢1 billion worth of savings delivered since 2016/17.

In 2021/22 this is how your monthly licence fee was spent:

Graph to show how the monthly licence fee is spent in 2021/22.
How your monthly licence fee is spent
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