The Facebook effect: BBC cuts Food site, local news and more factual content, will save £15M

 While the BBC is planning to take on Netflix by building its own “Britflix” on-demand video streaming service, on the news front, it looks like the UK media giant is cutting back to shore up its funds and figure out a better way of competing against (or within!) Facebook. Today, the many-tentacled public broadcaster confirmed that it would be closing down and… Read More