"To fund great programmes in an era of global competition for talent and ideas, we must work even harder at the partnership between the licence fee and our commercial arm, BBC Worldwide," said Hall. "The licence fee paid for less than half the budget of some of our biggest dramas last year.
In announcing the BBC annual report on Tuesday, director general Tony Hall said: "To fund great programmes in an era of global competition for talent and ideas, we must work even harder at the partnership between the licence fee and our commercial arm, BBC Worldwide.
Despite BBC Worldwide's decision to shut BBC Good Homes after circulation dropped by one-fifth, IPC last week licensed interiors title Living Etc, to an Indian company; Condé Nast's Glamour magazine will launch in Bulgaria through a licence partnership, its 16th global edition.
Notably, like a number of competitors, such as Monese, Loot doesn't have a banking license and has no plans to apply for one but instead operates under an electronic money licence through a partnership with FCA regulated Wirecard.
Given the almost identical objectives of AHSNs and of ICHP, the partnership applied for an AHSN licence.
Dudley primary care trust and Dudley and Walsall mental health partnership trust both have CQC licences.
Councils are charging churches and synagogues up to 16 times more for a three-year licence to hold civil partnership ceremonies than for a permanent licence to conduct marriages, Guardian research has revealed.
Gloucestershire, Buckinghamshire and Surrey county councils charge £2,000 for a three-year licence to hold civil partnership ceremonies in religious buildings.
Guardian research sampling 42 councils across the country found the median cost of a licence to hold civil partnerships in religious buildings was £1,000 for three years.
One example is that BBC Worldwide will stop making games based on its intellectual property – it will close down a games production unit in Los Angeles, although it will still look to licence games and strike partnerships.
