The BBC has generously decided to offer a magnificent £150k to an independent production company ready to produce three hours of speech-led radio across 39 English local radio stations on Monday to Friday evenings. The BBC will pay the presenter separately. It works out at £140.44p per hour - if all the Bank Holidays fall on a weekday.
It would allow you to employ a staff of 8 on the minimum wage, based on a 40-hour week and no holiday allowed. Or you could have three and a half grown ups on the BBC Median wage. Or you might want to hire a studio, or do some research or pay some contributors, or get them taxis. And maybe make a profit to keep your company going.
If I were in an indie, I'd make a stink about it. Radio 4 is paying £415,000 for a weekly 45 minute debate.
The only joy in this is that the show can't start until January; there isn't, apparently, the right technology to join everyone up.
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