And now, another announcement you heard earlier. In 2016, the DCMS under John Whittingdale conceived the Contestable Fund, nicking money from the Charter/Licence fee deal, to subsidise tv programmes, largely aimed at children. In 2017, Karen Bradley re-announced it. Yesterday Jeremy Wright re-announced it, this time divided into £57m for tv content and £3m for radio. Producers can bid for up to 50% of their costs. The fund runs for three years at £20m a year.
Radio Wales cost £20.5m a year.
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