Re: the Beeb don't do anything that is or requires a natural monopoly
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Agreed. However, the BBC is required by law to be impartial. Commercial stations just have to make a profit and keep their owners happy. That's a pretty big difference and one that I think is worth paying for.
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Or looking at that point another way, commercial stations have to keep their viewers happy otherwise hey go out of business. BBC executives can still trouser 7-figure incomes even if the output is so shite that nobody watches it.