00:00Well, we've ruled out no options, we're keeping all options open.
00:04The only option for funding the BBC that we've ruled out is general taxation
00:10and that is because it is essential that the BBC can hold governments of any persuasion to account,
00:16including ours, without fear or favour and without being heavily reliant on direct funding from government.
00:23Our objective in the Charter Review is to make sure that the BBC is sustainably funded for decades to come
00:29and that that's done in a fair way and an inclusive way that people can afford.
00:34So we're ruling no options off the table, but we are absolutely clear that the BBC has to have sustainable funding in order to thrive.
00:43It's an institution that matters deeply to the democratic process in this country and to the health of our nation.
00:50And at the moment, the BBC often finds itself struggling to be able to afford to do the things that people best love,
00:57whether it's trusted news, brilliant children's programming, regional content or being a light on the hill for people across the world
01:04and we're determined to turn that around.
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