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Yahoo! My Yahoo! Mail More Yahoo! Services Account Options New User? Sign Up Sign In Help Yahoo! Search web search Home Singapore Asia Pacific World Business Entertainment Sports Technology Weekend Edition BBC to slash online budget by a quarter AFP - Tuesday, January 25 Send IM Story Print BBC to slash online budget by a quarter Slideshow: Full Photo Coverage: Internet Portals & Search Engines LONDON (AFP) - – The BBC said Monday it would cut its online budget by 25 percent as the publicly-funded broadcaster responds to criticism that is an unfair competitor to commercial rivals. The change will see 34 million pounds (54.5 million dollars, 40 million euros) cut from BBC Online's budget and 360 jobs will be lost over the next two years. Among some 200 websites to be closed are services aimed at teenagers and community-focused services. There will be a reduction in the overall amount of sports news, live sport and showbusiness news. The BBC has frequently attracted criticism for its extensive, free-access website from commercial media, with some of the loudest complaints coming from Rupert Murdoch's News Corp. empire. BBC director general Mark Thompson admitted the changes would be "painful". "BBC Online is a huge success, but our vast portfolio of websites means we sometimes fall short of expectation," he said, but insisted that BBC Online remained "at the heart" of the corporation's digital future. Recommend Send IM Story Print Related Articles US-TECH Summary Reuters - 28 minutes ago Social networking leads to sex faster: survey Reuters - 28 minutes ago Huawei sues to alter Motorola-Nokia Siemens deal Reuters - 35 minutes ago Firefox browser to get 'Do Not Track' signal AFP - 38 minutes ago Toshiba and GlobalFoundries in chip production talks Reuters - 50 minutes ago News Search Top Stories One-clawed dino belonged to T. Rex family France rallies China, Russia for G20 reform drive Drug may guard against lung cancer death WikiLeaks founder named 'un-Australian of the Year' Memories take hold better during sleep: study More Top Stories » Related Full Coverage Internet Portals & Search EnginesLatest development in the online world All Full Coverage » ADVERTISEMENT Most Popular Most Viewed Bank of America posts heavy losses 'Inconclusive' Iran nuclear talks enter final day US expert panel gives nod to Alzheimer's scan Migraines don't damage brain: study More than 40 injured in Algeria clashes More Most Viewed » More Most Recommended » Elsewhere on Yahoo! Financial news on Yahoo! Finance Stars and latest movies Best travel destinations More on Yahoo! News Home Singapore Asia Pacific World Business Entertainment Sports Technology Weekend Edition Subscribe to our news feeds Top StoriesMy Yahoo!RSS » More news feeds | What are news feeds? Also on Yahoo! Answers Groups Mail Messenger Mobile Travel Finance Movies Sports Games » All Yahoo! Services Site Highlights Singapore Full Coverage Most Popular Entertainment Photos Yahoo! News Network Copyright © 2011 Yahoo! Southeast Asia Pte. Ltd. (Co. Reg. No. 199700735D). All Rights Reserved. Terms of Service | Privacy Policy | Community | Intellectual Property Rights Policy | Help

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