The BBC is reportedly considering significant cuts to its online operations. A report in The Times suggests that the company will reduce the size of its web site by half, and cut one quarter of its online budget.
The report claims that no cuts or changes to the iPlayer service will be made.
The cuts would be minor in comparison to those reportedly planned in other areas of the BBC. The Times reports that the company may shut down its 6 Music and Asian Network radio stations, while television spending could be cut by as much as £33m.
Shortly after the story broke, the BBC issued a statement acknowledging a budget revision but warning against speculation on the specifics.
"Last summer, the BBC Trust challenged the BBC to develop a new strategy to meet the opportunities and the threats of the rapidly changing media landscape, " the company said.
"Although the details have yet to be agreed, and today's press speculation is therefore premature, the BBC expects to present its proposals to the BBC Trust in the near future."
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